A significant technical outage has paralyzed trading operations at CME Group, one of the world’s leading derivatives marketplaces.

CME Halts Trading Activities

As reported by Reuters, the exchange operator was forced to halt activity across its foreign exchange, commodities, Treasuries, and equity futures platforms on Friday following a physical infrastructure failure at a third-party facility.

The disruption stems from a critical cooling system malfunction at CyrusOne data centers, which houses essential infrastructure for the exchange.

CME released a statement confirming the “cooling issue” and assured clients that technical support teams are actively working to resolve the situation in the near term.

The exchange promised to provide pre-open details as soon as the systems are stabilized. CyrusOne, a Dallas-based operator of over 55 data centers globally, had not issued a comment at the time of the ...