CME Group Futures Trading Glitch Causes Market Disruption

Chicago Mercantile Exchange experiences significant trading freeze due to data center fault, impacting Globex Futures and Options markets. Traders unable to buy or sell contracts tied to major indexes like the S&P five hundred for several hours. Exchange begins restoring operations, trades reported by one PM. Despite initial disruption, S&P five hundred index gains ground, highlighting markets reliance on seamless technology.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.