CME Group(US:CME) Zhi Tong Cai Jing·2025-11-28 07:10Core Viewpoint - Chicago Mercantile Exchange (CME) suspended futures and options trading due to technical issues at its data center, specifically a cooling problem at CyrusOne [1] Group 1: Impact on Trading - The suspension affected contracts including U.S. crude oil, gasoline, and palm oil traded on the CME electronic platform during the Asian early trading session following the U.S. Thanksgiving holiday [1] - U.S. Treasury and S&P 500 futures contracts were also impacted by the trading halt [1] - Other platforms, such as the EBS platform used for foreign exchange trading, experienced interruptions due to the suspension [1] Group 2: Market Implications - Charu Chanana, Chief Investment Strategist at Saxo Bank in Singapore, noted that the thin liquidity in the market could lead to distorted price discovery mechanisms for U.S. Treasuries, foreign exchange, and commodities due to the brief halt [1] - There is a significant risk of a wave of volatility as traders may rush to catch up once trading resumes [1] Group 3: CME Overview - CME Group is one of the largest derivatives exchanges globally, covering a wide range of asset classes including equities, bonds, currencies, and commodities [1] - The core exchanges operated by CME include the Chicago Board of Trade, New York Mercantile Exchange, and New York Commodity Exchange [1] - CME Group also holds stakes in other exchanges, including the Gulf Commodity Exchange [1]