CME Group temporarily halted trading on its Globex Futures & Options platform due to a technical outage, causing sudden disruption across global derivative markets. The halt affected multiple asset classes, including commodities, currencies, and equity index futures, leading traders to question the sharp pause in market activity.

CME confirmed that the issue was technical in nature and said its Global Command Center is working to restore services. Until the outage is fully resolved, traders are being advised to hold off on executing new positions to avoid incomplete or failed orders.

Earlier, CME futures were completely down, triggering confusion across global trading desks. However, as of the latest update, MCX (Multi Commodity Exchange) in India continues to operate normally, meaning domestic commodity trading remains unaffected.

CME Group is the world’s largest derivatives marketplace, offering futures and options across interest rates, equity indexes, FX, energy, agricultural commodities, and metals. A halt of this scale is rare and typically occurs only during unexpected system failures.

More updates will follow as CME restores full functionality.

TOPICS: CME