CME Trading Outage Linked to Possible Human Error in Data Center Cooling
The post CME Trading Outage Linked to Possible Human Error in Data Center Cooling appeared on BitcoinEthereumNews.com.
The CME Group outage on November 28, lasting over 10 hours, resulted from human error during maintenance at a CyrusOne data center in Aurora, Illinois, highlighting critical vulnerabilities in financial trading infrastructure that also supports cryptocurrency derivatives like Bitcoin futures. Human error in cooling tower maintenance led to server overheating and shutdown of the Globex platform. Trading in futures, options, commodities, currencies, and Treasuries halted globally, disrupting market liquidity. The incident affected cryptocurrency-linked products, with Bitcoin futures prices frozen, impacting traders’ risk management for over 10 hours. Discover how the CME Group outage exposed risks in crypto trading infrastructure. Learn key lessons for safeguarding digital assets in volatile markets—stay informed to protect your investments today. What Caused the CME Group Outage and Its Impact on Crypto Trading? The CME Group outage stemmed from a technician’s error during routine maintenance at the CyrusOne-operated data center in Aurora, Illinois, where improper draining of cooling towers caused a failure in the cooling system amid dropping temperatures. This led to overheating servers hosting the Globex trading platform, triggering automatic shutdowns to prevent damage. As a result, trading in essential financial products, including cryptocurrency futures like Bitcoin and Ether, was suspended for more than 10 hours, exposing traders to unmanaged risks in a highly interconnected global market. How Did the Cooling System Failure Disrupt Global Markets Including Crypto? The outage began when on-site staff deviated from standard procedures for preparing cooling infrastructure for colder weather, as detailed in statements from CyrusOne. With external temperatures plummeting, the facility’s internal cooling halted abruptly, causing multiple units to fail and room temperatures in server areas to rise sharply. Servers powering CME’s Globex platform, which facilitates trading in commodities, currencies, Treasuries, and crypto derivatives, overheated and were automatically powered down by safety protocols. This chain reaction halted all order…
Filed under: News - @ December 7, 2025 6:19 am