Socio-Economics History Blog

Socio-Economics History Blog

Gold Trading SUSPENDED “Liquidity Issue” – As Silver Spikes-Up in Price, Chicago Mercantile Exchange Suffers Data Center “Cooling Issue” – Shuts down

by mosesman

  • Gold Trading SUSPENDED “Liquidity Issue” – As Silver Spikes-Up in Price, Chicago Mercantile Exchange Suffers Data Center “Cooling Issue” – Shuts down
    by https://halturnerradioshow.com/
    Overnight the Chicago Mercantile Exchange suffered a “Cooling issue” in its data center requiring a shut down of all futures trading.  Some observers note the price of Silver was skyrocketing at the time, up 3% before the “cooling issue.”
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    “Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as soon as they are available,” CME wrote on X late Thursday night.
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    Early this morning, CME reported the issue was resolved and futures markets re-opened. More than a few people attributed this “cooling issue” with the futures price of Silver rising 3%+.   Said one trader:
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    read more.

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