CME halts futures trading
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By Amanda Cooper, Ankur Banerjee and Tom Westbrook SINGAPORE/LONDON (Reuters) -Global futures markets were disrupted for several hours on Friday after CME Group, the world's largest exchange operator,
Oil futures reversed course late in the session to end down in low-volume Black Friday trade.
A data center fault has halted trading of futures and options on the Chicago Mercantile Exchange, triggering widespread frustration.
"BrokerTec EU markets are open and trading. All other CME Group markets remain halted due to a data center cooling issue at CyrusOne," CME told Fortune.
The futures market has always rewarded speed, precision, and clear strategy, but choosing the right platform has become just as important as choosing the right contracts. As more traders look to diversify beyond equities,
Stock futures were rising Wednesday, with investors increasingly sure the Federal Reserve is going to cut interest rates next month following weaker-than-expected retail sales data. Futures tracking t
Silver futures touched the highest intraday level on record Friday, according to Dow Jones Market Data. Strategists who shared commentary with MarketWatch said rising expectations for another Fed rate cut next month have helped push precious metals prices higher.
Maryland officials have rejected an appeal from DMV Futures, Inc., upholding a cease-and-desist order that requires the organization and its leaders to stop all charitable fundraising in the state.