Group 1 - The Chicago Mercantile Exchange (CME) restored most trading operations after an hours-long outage due to issues at a data center [1] - Shares of CME Group (CME) experienced a dip in the premarket session following the outage news [1] Group 2 - Shares of Tilray Brands (TLRY) fell before the US market opened after the company announced a one-for-ten reverse stock split of its common stock [1] Group 3 - Shares of Oracle (ORCL) declined in early trading after Morgan Stanley indicated that a risk gauge on Oracle Corp.'s debt reached a three-year high in November [1]

Core Viewpoint - CME Group experienced a technical glitch that temporarily froze futures trading on the Chicago Mercantile Exchange, leading to operational disruptions before most functions were restored [1][3][4]. Group 1: Trading Operations - Futures and options trading on the Chicago Mercantile Exchange was halted for several hours due to a data center fault, impacting contracts linked to major indices like the S&P 500 [3][4]. - The halt lasted longer than a previous outage in 2019, highlighting the significance of CME Group and its Globex electronic trading platform [4]. Group 2: Market Impact - CME shares remained mostly steady, while shares of competitors such as Intercontinental Exchange, Nasdaq, and Cboe Global Markets saw slight increases alongside the broader market [2]. - The trading session following the Thanksgiving holiday typically experiences lower volumes, with the US stock market closing early at 1 p.m. local time [3].

Group 1 - Futures trading was suspended on the Chicago Mercantile Exchange due to a chiller plant failure at CyrusOne data centers, impacting multiple markets including Globex futures and options [1][3][7] - Trading resumed around 8:30 a.m. ET after the company managed to restart several chillers at limited capacity and brought in temporary cooling equipment [3][7] - The Vanguard S&P 500 ETF was trading up 0.3% in premarket despite the trading interruption [4] Group 2 - Earnings reports are paused for the day, with some smaller stocks, including Spire Global, expected to report after trading closes [5] - Analysts anticipate Spire Global's losses to narrow to $0.33 per share, while revenue is projected to decline by 26% to $21.2 million [5] - JPMorgan upgraded Eutelsat Communications to neutral with a price target of EUR1.90, noting the stock has dropped 80% since the last downgrade in 2022 [6]

Core Insights - CME Group, the largest exchange operator globally, faced a significant outage that lasted for several hours, disrupting trading activities across its currency platform and various futures markets, including foreign exchange, commodities, and Treasuries [1] Group 1 - The outage occurred on a Friday, impacting trading operations for an extended period [1] - The disruption affected multiple asset classes, highlighting the interconnected nature of trading platforms [1] - CME Group's position as a leading exchange operator underscores the potential implications of such outages on market liquidity and investor confidence [1]

Core Insights - The Chicago Mercantile Exchange (CME) restored most trading operations after a significant outage caused by a data center issue, affecting multiple financial markets across Asia and Europe [1][5] - The outage lasted approximately ten hours, leading to frustration among market participants who were unable to trade key contracts, including those tracking the S&P 500 Index [3][4] - The incident highlights the concentration of futures markets, as there are limited alternative venues for major products [7] Trading Operations - CME's Globex Futures & Options markets, which account for 90% of CME Group's volume, reopened at 8:30 a.m. New York time, but trading volume remained light [1] - CME Direct, a platform for trading some markets, was still unavailable shortly before the exchange announced that all markets were open [2] Technical Issues - The outage was caused by a cooling system malfunction at a data center operated by CyrusOne, which is backed by KKR & Co. and BlackRock Inc.'s Global Infrastructure Partners [5] - The disruption was notably longer than a similar technical error in 2019, emphasizing the importance of CME Group's electronic trading platform [4] Market Impact - The halt in trading significantly affected various markets, including US Treasury futures, gold, and crude oil, with erratic movements observed during the London trading hours [6] - The incident underscores the interconnectedness of global financial markets and the reliance on CME for trading major derivatives [6]

Trading of futures and options on exchanges operated by CME Group were hit by a data-center problem https://t.co/QTvARmyUur ...

芝加哥商品交易所：BrokerTec欧盟市场重新开放，交易进行中；所有其他市场仍暂停交易。外汇交易员 (@myfxtrader):交易所运营商芝加哥商品交易所集团（CME Group）周五表示，由于CyrusOne数据中心出现冷却问题，市场暂停交易。支持部门正努力在短期内解决问题。美国标准普尔500指数和纳斯达克的期货交易以及外汇产品也受到了影响。https://t.co/99vLPksOWU ...

What do we know that has caused this outage and what is the impact been so far. I think a couple of points to bear in mind as we look at some of the disarray this morning. A lot of brokers and traders coming in struggling to make sense of what's missing in the market.For one, it speaks to the dominance of the CME platform. You can see the wide range of assets that are affected here from U.S. government bonds to commodities to equities. It has happened before.I think thinking back to 2019, we had a couple of ...

Black Friday trading was off to an auspicious start after exchange operator CME was forced to halt futures trading on Friday. ...

The floor of the Chicago Mercantile Exchange (CME)/New York Mercantile Exchange (Nymex) in New York City. CME Group is the world's largest and most diverse derivatives exchange.Trading came to a standstill on the Chicago Mercantile Exchange on Friday following a cooling issue at one of its data centers. "Due to a cooling issue at CyrusOne data centers, our markets are currently halted," the CME said in a statement in the early hours of Friday. "Support is working to resolve the issue in the near term and wi ...