- Trading was halted many of the Chicago Mercantile Exchange’s markets on Friday.
- The massive exchange operator blamed a “cooling issue” at a partner’s data center.
- The CME enables trading of stocks, currencies, commodities, and other assets.
Trading across the majority of the Chicago Mercantile Exchange’s markets ground to a halt on Friday after a cooling problem at one of its data centers.
“Due to a cooling issue at CyrusOne data centers, our markets are currently halted,” CME Group posted on X, adding that it was “working to resolve” the problem.
The CME is the world’s largest exchange operator by market value, powering the trade of stocks, commodities, currencies, and other assets. The group posted later Friday that “BrokerTec EU markets are open and trading,” but all of its other markets “remain halted.”
The halt could result in greater volatility during the shortened trading session later on Friday, as even thinner holiday trading than usual could lead to steeper price swings.
This is a developing story.
