Hours-Long Trading Malfunction Halts World's Most Popular Markets
- Trading reopened at 9:45 p.m. Central Time on Tuesday
- Halt poses risk of hurting investor sentiment, Saxo Bank says
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A technical error at CME Group Inc forced the world’s biggest exchange operator to halt trading for about three hours, preventing the buying and selling of contracts tied to U.S. Treasuries, stock-futures and commodities.
The issue affected a slew of markets, from eurodollars to metals, grains, crude oil and natural gas. CME halted trade from 6:39 p.m. Central Time on Tuesday, with all contracts reopening at 9:45 p.m., according to a statement from the bourse.