CME Group Halts Trading of Bitcoin, Ethereum, and Solana Futures
A cooling system failure at a CyrusOne data center disrupted CME Group operations, halting most markets while BrokerTec EU resumed trading.
BTC
ETH
SOL
Summary
On November 28, CME Group reported that BrokerTec EU markets had reopened, but most other markets remained suspended due to a cooling system failure at a CyrusOne data center. The halt affected commodity futures and cryptocurrency futures for Bitcoin, Ethereum, and Solana. While some operations resumed in Europe, key derivatives markets, including those for major cryptocurrencies, remain offline.
Terms & Concepts
- Futures: Financial contracts obligating the buyer to purchase, or the seller to sell, an asset at a predetermined future date and price.
- Commodity futures: Standardized contracts for the purchase or sale of commodities, including cryptocurrencies, at a set price for future delivery.
- CME Group: A leading global markets company offering derivatives such as futures and options for various asset classes, including cryptocurrency.