The Chicago Mercantile Exchange faced one of its most disruptive trading incidents in years after a cooling failure at a major Illinois data center forced a halt that stretched for roughly 10 hours, freezing markets across multiple regions and igniting accusations of manipulation from frustrated traders.

The Chicago Mercantile Exchange says it has fully restored trading after an hours-long technical outage that disrupted financial markets around the world. Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.

The Chicago Mercantile Exchange (CME), the world’s largest financial derivatives exchange, halted trading for about 10 hours from Thursday into Friday, causing an outcry from traders before service was restored.

Bourses operated by CME include the Chicago Board of Trade, the New York Mercantile Exchange and the Commodity Exchange. CME also has a stake in other exchanges, including the Gulf Mercantile Exchange, which said in a notice to the market that it had also seen trade halted due to the cooling issue.

The Chicago Mercantile Exchange restored most trading operations after an hours-long outage stemming from cooling problems at a crucial data center disrupted multiple financial markets across Asia and Europe.

Trading at the Chicago Mercantile Exchange (CME) has been halted due to an issue at one of its data centres. The exchange says it was forced to stop all futures trading ahead of the market’s open on Nov.

A data center fault has halted trading of futures and options on the Chicago Mercantile Exchange, triggering widespread frustration.

The outage, which lasted for 10 hours, hit CME’s equity, bond and commodity futures. It also offered a warning.