"Global futures markets were thrown into chaos for several hours after CME Group, the world's largest exchange operator, suffered one of its longest outages in years, halting trading across stocks, bonds, commodities and currencies. By 13:35 GMT on Friday, trading in foreign exchange, stock and bond futures as well as other products had resumed, after having been knocked out for more than 11 hours because of an outage at an important data centre, according to LSEG data."
"CME blamed the outage, which halted trading for more than 11 hours, on a cooling failure at a data centre in Chicago. CME blamed the outage on a cooling failure at data centres run by CyrusOne, which said its Chicago-area facility had affected services for customers, including CME. The disruption stopped trading in major currency pairs on CME's EBS platform, as well as benchmark futures for West Texas Intermediate crude, Nasdaq 100, Nikkei, palm oil and gold, according to LSEG data."
A cooling failure at a Chicago data centre run by CyrusOne forced CME to halt trading for more than 11 hours. Trading across foreign exchange, stock and bond futures and other products was knocked out and later resumed by 13:35 GMT. The disruption stopped trading in major currency pairs on CME's EBS platform and halted benchmark futures for West Texas Intermediate crude, Nasdaq 100, Nikkei, palm oil and gold. Thinned trading volumes from the US Thanksgiving holiday and month-end rebalancing heightened the risk of increased volatility. Futures users, including dealers and hedgers, faced significant operational blind spots during the outage.
Read at www.aljazeera.com
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