CME Group Halts Trading Due to Cooling Issue, Impacting Multiple Futures Markets
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
0mins
Should l Buy CME?
Source: Newsfilter
- Trading Disruption: CME Group halted trading due to a cooling issue at CyrusOne data centers, affecting liquidity and price discovery across multiple futures markets including foreign exchange, commodities, Treasuries, and stocks.
- Energy Market Impact: The trading halt directly affected futures and options on key benchmarks like NYMEX West Texas Intermediate crude and Henry Hub natural gas, which trade over 1 million contracts daily, posing challenges for producers and traders in managing price risk.
- Agricultural Market Volatility: The suspension of agricultural futures trading deprived producers and investors of benchmark hedging tools for core products like corn, wheat, and soybeans, potentially leading to failures in price discovery mechanisms.
- Interest Rate and FX Complexity: During the trading halt, prices for 10-year U.S. Treasury futures stopped updating, complicating rate and currency hedging for banks and corporates, which could impact market stability in the short term.
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Analyst Views on CME
Wall Street analysts forecast CME stock price to fall
10 Analyst Rating
4 Buy
4 Hold
2 Sell
Hold
Current: 295.350
Low
209.00
Averages
285.90
High
320.00
Current: 295.350
Low
209.00
Averages
285.90
High
320.00
About CME
CME Group Inc. provides a derivatives marketplace. The Company enables clients to trade futures, options, cash and over the counter (OTC) markets, optimize portfolios, and analyze data. It exchanges offer a range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange (FX), energy, agricultural products and metals. It offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and FX trading on the EBS platform. In addition, it operates central counterparty clearing provider, CME Clearing. Its products provide a means for hedging, speculation and asset allocation related to the risks associated with, among other things, interest rate sensitive instruments, and changes in the prices of agricultural, energy and metal commodities. It provides clearing and settlement services for a range of exchange-traded futures and options on futures contracts and OTC derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Rising Inflation Expectations: Bank of America economist Stephen Juneau forecasts that headline inflation will approach 4% in the coming months due to soaring energy prices, with food inflation in 2027 expected to push price levels higher due to ongoing fertilizer supply disruptions.
- Federal Reserve Policy Outlook: Hopes for an end to the war have tempered expectations for Federal Reserve rate hikes, with the CME Group's FedWatch tool indicating that the central bank is likely to keep rates steady through year-end, reflecting cautious market sentiment regarding future policy.
- Persistent Market Volatility: Despite the significant rally on Tuesday, the Cboe Volatility Index (VIX) remains around 25, suggesting ongoing uncertainty in the market, with technical strategists predicting that the S&P 500 may decline before establishing a sustained upward trend.
See More
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- Fed Chair's Remarks: Fed Chair Jerome Powell stated that inflation expectations appear well anchored in the short term, although future policy adjustments may be necessary, which has lowered rate hike expectations for this year in the market.
- Geopolitical Impact: The surge in oil prices due to the U.S.-Iran conflict has raised concerns that the Fed might need to increase rates to combat inflation; however, Powell's comments have temporarily eased these tensions in the market.
- Focus on Employment Data: Investors are awaiting upcoming employment reports, including the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday and the nonfarm payrolls report on Friday, which will provide insights into the economic impact of the ongoing conflict.
See More
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- Impact of Surging Oil Prices: Global Brent crude prices have surged above $115 per barrel due to the ongoing Iran war, exacerbating inflation concerns and prompting investors to question whether the Fed might tighten monetary policy again despite signs of slowing growth.
- Historical Lessons: Goldman Sachs highlights the cautionary tale of the 1990 oil shock, where markets initially anticipated a hawkish Fed response but ultimately saw rate cuts as economic conditions worsened, suggesting that current market pricing may be misaligned with historical precedents.
- Political Factors at Play: President Trump indicated that an end to the conflict with Iran may be near, although he warned that if a peace deal is not reached soon, the U.S. would attack key Iranian energy infrastructure, which could further influence oil price movements.
See More
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- Linde's Consistent Growth: Linde's shares increased by 4.0% over the past year, outperforming the Chemical Specialty industry at 0.8%, supported by a stable project pipeline and strong capital discipline, yet a weak outlook for Europe and falling helium prices could pressure future growth.
- Arista's Resilient Performance: Arista's shares have outperformed the Internet Software industry over the past six months, despite intense competition in cloud networking, with innovative products and steady customer additions driving revenue growth, though rising costs and supply chain constraints pose risks.
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See More
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- Market Reaction Weakens: Trump's extension of the deadline to attack Iranian energy infrastructure to April 6 initially boosted stock futures as oil prices fell, but investor anxiety about the situation kept the market under pressure.
- Geopolitical Risks Escalate: Iran's foreign minister stated that Tehran does not intend to negotiate with the U.S., and the Pentagon is considering sending an additional 10,000 troops to the Middle East, raising concerns about further conflict escalation and impacting investor confidence.
- Economic Growth Outlook Downgraded: The Atlanta Federal Reserve's GDPNow tracker shows first-quarter growth expectations have been revised down from 3.1% to 2%, reflecting investor worries about the war's impact on the U.S. and global economy.
- Inflation Concerns Rise: With rising energy prices, the CME Group's FedWatch tool indicates a 52% probability of a rate hike by year-end, intensifying fears regarding the economic outlook and the potential for stagflation.
See More
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- Corruption Risks: Merkley emphasized that allowing individuals to place well-timed bets on congressional bills or military actions creates ripe conditions for corruption and undermines public trust, potentially affecting the integrity of democratic institutions.
- Market Regulation: The new bill imposes broader restrictions on prediction markets than previous measures, clarifying that these markets contradict the intent of federal trading laws and returning regulatory power over gambling to the states, addressing existing legal loopholes.
- Industry Response: Prediction market platform Kalshi criticized the legislation, claiming it is driven by casino interests threatened by competition, reflecting strong opposition within the industry and concerns about the future of prediction markets.
See More
