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Business
fromBitcoin Magazine
2 months ago

CME Plans 24/7 Crypto Futures Trading Starting May 29

CME Group will offer 24/7 trading of regulated cryptocurrency futures and options from May 29 to provide round-the-clock access amid rising institutional demand.
National Football League
fromReadWrite
2 months ago

FanDuel and DraftKings markets may launch Super Bowl parlays

CME Group self-certified multi-leg event contracts with the CFTC, potentially enabling FanDuel and DraftKings to offer Super Bowl parlays and other event combos.
fromTechzine Global
4 months ago

Cooling failure at data center temporarily halts stock trading

The Chicago Mercantile Exchange (CME Group) gradually resumed trading on Friday after a cooling system at a CyrusOne data center malfunctioned. The failure temporarily halted futures, options, and currency markets, affecting traders worldwide. At around 8:30 a.m. local time (2:30 p.m. Amsterdam time), trading in futures and options on stocks resumed in full. Bonds and metals also resumed trading after the break, according to FactSet data. Trading in individual stocks remained active during the premarket phase.
Business
from24/7 Wall St.
4 months ago

Stock Market Live November 28: S&P 500 (VOO) Rises on Black Friday Despite Trading Glitch

But this is not the case (at least not this time). CME Group ( Nasdaq: CME), parent company to the Chicago Merc, said the suspension happened because: "On November 27, our CHI1 facility experienced a chiller plant failure affecting multiple cooling units." The good news is that the company was able to restart "several chillers at limited capacity," bring in "temporary cooling equipment to supplement our permanent systems," and as a result, trading appeared to return to normal around 8:30 a.m. ET this morning.
Business
fromFortune
4 months ago

Futures and Treasuries markets on CME blacked out overnight, following a glitch at an all-important data centre | Fortune

Markets from bonds and commodities to equities and foreign exchange are paused on the Chicago Mercentile Exchange (CME), after a problem with one of the platform's data centers. Every day, millions of exchanges are made on CME, not only allowing investors access to 24-hour trades in some markets but also providing analysts and the media with real-time updates on market sentiment.
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