-
CME Black-Friday Blackout Was Human Error
Cooling failures at CME’s primary data center began 12 hours before global trading halted, with procedural errors and shifting severity assessments delaying response. The exchange declined to activate its disaster backup site, resulting in widespread disruption across metals, energy, rates, and FX markets, highlighting concentrated dependence on a single external infrastructure provider. I. Incident Overview In late November 2025, CME Group suffered a technology failure at its primary data center in suburban Chicago, interrupting global derivatives trading across asset classes. The outage originated at CyrusOne, ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From financemagnates.com | Dec 11, 2025
The Commodity Futures Trading Commission (CFTC) named twelve exchange executives to its new CEO Innovation Council, bringing together prediction market operators like Polymarket and Kalshi with established derivatives giants like CME Group and ICE. Acting Chairman Caroline Pham announced the first group yesterday (Wednesday), focusing on exchanges as the ...
From cryptobriefing.com | Dec 11, 2025
dYdX Labs, the team behind one of the world’s leading decentralized derivatives exchanges, has launched its first spot trading product and opened access to U.S. users for the first time. The initial rollout includes Solana trading, marking a major expansion for the platform known for its perpetual contracts. To attract new users, dYdX is offering zero ...
From finance.yahoo.com | Dec 10, 2025
PNC Bank and Coinbase have launched direct access to spot bitcoin trading for eligible PNC Private Bank customers. The Pittsburgh-based national bank released a limited rollout of its new bitcoin buy, sell and hold capabilities this week in fulfillment of a goal announced in July of this year when PNC and Coinbase began their partnership. "This ...
