CME Restores Forex Platform After Major Outage
#finance #outage #trading #cme #technology
CME restarts its forex platform after a cooling outage, restoring trading and prompting questions on data-center resilience.
CME Group Inc. is the world's largest operator of financial derivatives exchanges, headquartered in Chicago, Illinois[1]. As a global financial services company, CME Group operates multiple major exchanges including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX), serving approximately 150 countries[1]. ## What CME Group Does CME Group provides a comprehensive derivatives marketplace where institutions and individuals trade futures and options across all major asset classes[5]. The company's platforms facilitate trading in agricultural products, currencies, energy, interest rates, metals, stock indexes, and cryptocurrency futures[1]. Beyond its core exchange operations, CME Group operates CME Globex, an electronic trading platform, along with BrokerTec for fixed-income trading and EBS for foreign exchange spot trading[1]. The company also runs CME Clearing, serving as a counterparty to every cleared transaction within its marketplace[1]. ## Recent Achievements and Growth CME Group has demonstrated exceptional performance in recent years. In 2024, the company achieved record volumes of 26.5 million contracts daily, marking double-digit volume growth across every asset class[2]. This momentum continued into 2025, with the company reporting record revenue of $1.7 billion in the second quarter, representing 10% growth compared to Q2 2024, and record average daily volume of 30.2 million contracts[4]. The company has expanded its product offerings significantly, launching successful innovations including Bitcoin Friday futures—described as the most successful crypto launch in CME Group history—and U.S. credit futures[2]. Its retail customer base has nearly tripled over the past decade and grew 14% in 2024[3]. ## Notable
#finance #outage #trading #cme #technology
CME restarts its forex platform after a cooling outage, restoring trading and prompting questions on data-center resilience.
#stock_market #markets #investing #volatility
Nasdaq slips in November amid volatility as Dow and S&P 500 rise on a shortened Black Friday session; CME outage highlights trading infrastructure.