Trading on the Chicago Mercantile Exchange (CME) was halted on Friday (November 28th) following a cooling issue at one of its data centers.
"Due to a cooling issue at the CyrusOne data center, our markets are currently suspended," a CME spokesperson said in an emailed statement early Friday morning. "Our support team is working to resolve this issue and will update clients with pre-open details as soon as they are available."
The CME the world's largest exchange operator by market value trades futures and options contracts for a variety of asset classes, including agricultural commodities, energy, metals, and equities.
A spokesperson for CyrusOne, a Dallas, Texas-based data center company, could not immediately be reached for comment.
As of 2:30 a.m. US time, futures prices for WTI oil, the 10-year US Treasury bond, and the S&P 500 index were among the contracts that had not been updated, according to LSEG data.
This is not the first time the CME has had to halt electronic trading. In 2014, technical issues temporarily halted trading on the CME's Globex electronic system, impacting agricultural contracts.
Last year, trading in stocks, bonds, and exchange-traded funds (ETFs) was also temporarily halted in Switzerland after the SIX exchange experienced disruptions in data transmission. (cay)
Source: CNBC.com
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