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CME halts trading on flagship metals market for more than an hour

World’s largest derivatives exchanges blames ‘technical’ issues for its latest outage

CME Group halted trading on its flagship metals market for an hour and a half on Wednesday in the latest outage for the world’s biggest derivatives exchange.

The Chicago-based exchanges operator resumed trading in its Globex metals market, home to the main US gold futures contract, at about 1.45pm local time after it was stopped at 12.15pm. Its natural gas futures and options markets also endured trading stoppages of about 35 minutes.

CME has in recent years suffered several outages that have hampered investors’ ability to trade.

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