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CME trading halted due to cooling issue at data centres
A cooling system failure at CyrusOne data centers halted CME futures and options trading, disrupting global price feeds including major benchmarks and the EBS foreign exchange platform.
- On Friday, the Chicago Mercantile Exchange halted trading after a cooling issue at CyrusOne data centres, with CME saying support teams are working to restore services.
- A critical cooling system malfunction at CyrusOne data centres housing CME infrastructure caused the disruption, and CyrusOne, Dallas-based operator of over 55 data centers, had not commented.
- All Globex futures and options were paused, affecting FX, commodities, Treasuries, and equity futures as price updates for major benchmarks stopped and the EBS foreign exchange platform went offline during a shortened post‑Thanksgiving U.S. session starting just before 0300 GMT.
- Market participants said the outage frustrated attempts to manage positions as a CME spokesperson did not immediately respond to CNBC and CyrusOne had not issued a comment to Reuters.
- Analysts point to surging data-centre demand and persistent supply challenges as McKinsey & Co warns global demand could more than triple by 2030, straining capacity for CME Group's critical infrastructure.
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Coverage Details
Total News Sources88
Leaning Left12Leaning Right7Center26Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 27%
C 58%
15%
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