Traders Around the World Left Hanging After Glitch Took Out CME
CME Group signage above the former Chicago Board of Trade trading pit in Chicago.
Photographer: Christopher Dilts/Bloomberg
The Chicago Mercantile Exchange Group proudly describes itself as the place “where the world comes to manage risk.” Except on Friday, the world was shut out.
Trading of futures and options was halted due to a fault at a data center, spilling over into multiple markets and affecting contracts covering trillions of dollars.