CME Group Data Center Outage Halts Futures Trading, Disrupts Trillions in S&P 500, Treasuries and Oil Contracts
Global equities and commodities markets faced a disruption as CME Group reported a data center outage that halted futures and options trading across major contracts, including S&P 500 index futures, U.S. Treasuries, crude oil, and palm oil. The event underscored CME’s role as a liquidity pillar in the ecosystem.
Crypto markets rely on cross-asset hedging and liquidity; the outage prompted market makers to reassess risk. While forex desks and alternative venues regained service, the incident highlighted how a broad liquidity shock can widen spreads and complicate hedging in volatile conditions.
Traders should monitor liquidity indicators across digital-asset venues and prepare for potential funding-cost shifts on risk-off days. With year-end activity, sound risk controls and diversified hedging strategies remain essential to navigate disrupted traditional-market flow.