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CME Group Halts Trading Across Futures Options Commodities and Currencies After Major System Failure

CME Group Halts Trading Across Futures Options Commodities and Currencies After Major System Failure

CryptonewslandCryptonewsland2025/11/28 16:12
By:by Austin Mwendia
  • CME Group halted trading across futures options and currencies due to a data center system failure.
  • EBS and market benchmarks stalled leaving traders without updated prices and adding market uncertainty.
  • Despite the outage CME reported record crypto and Treasury volumes and strong stock performance.

CME Group halted trading in multiple asset classes after a systems failure at its data centers. Trading in currencies, stock futures, and commodities was paused during post-holiday market volatility. The disruption began after a cooling malfunction at CyrusOne facilities, which power the exchange’s infrastructure.

🚨BREAKING: CME Group has suspended trading of futures and options amid data-center issue. pic.twitter.com/YbXCOdHHPz

— Coin Bureau (@coinbureau) November 28, 2025

The outage caused a full stop across futures, options, and foreign exchange markets on the Globex platform. Traders were left without updated benchmarks for the S&P 500, Nasdaq 100, and major currency pairs. CME Group announced that it had support teams in operation to restore systems. The stop order was created prior to 0300 GMT.

Asia already had a thin market activity after the Thanksgiving holiday. The trading pause was aggravated by the lack of liquidity. The absence of updated pricing information made participants guess on the direction in the market.

Impact on Currency and Equity Markets

This downturn hit EBS, an electronic FX platform that is popular. Trading of dollar/euro, and dollar/yen was upset, and benchmarks were left stagnant. The quoted prices of the LSEG revealed that the prices of equities and currencies had not improved since 0344 GMT. Analysts noted that the freeze added volatility to an already uncertain month.

Traders were unable to access pre-open pricing, complicating strategies for large institutional transactions. The pause in futures and options trading affected hedging and risk management across multiple markets.

CME Group’s Ongoing Infrastructure Investments

The disruption occurred despite CME Group’s active investment in technology and infrastructure. Earlier this year, the exchange partnered with Google Cloud to explore tokenization in traditional finance. The collaboration included the use of Google Cloud’s Universal Ledger to manage assets more efficiently.

Recently, CME Group launched two more spot-quoted futures contracts on XRP and Solana. Such contracts will become operational on December 15, assuming the approval of the regulators. They aim to track real-time spot prices and offer institutions flexible hedging tools with lower margin requirements. The exchange also plans to introduce options linked to these contracts.

Operational Performance and Market Position

Despite the temporary shutdown, CME Group reported record trading volumes in cryptocurrency and U.S. Treasury markets. The company’s strong performance has contributed to a more than 20% increase in its stock year-to-date. Long-term shareholders have seen returns approaching 90% over five years. 

Last year, CME Group launched Bitcoin Friday Futures , marking the largest crypto futures launch on the exchange. The system failure explains the dependence of international markets on sound infrastructure. CME Group still strives to recover the operations and stabilize the market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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