Trading on CME Globex Halted; Open Delayed
Neils Christensen of Kitco reports: (Kitco News) – The electronic trading of futures through CME Group’s (NASDAQ: CME) Globex platform was halted Sunday evening, the company said on its website.
The Chicago-based futures exchange has not released any information about the delay, only saying on its website that the open has been delayed and that all futures products, with the exception of Bursa Malaysia Derivatives, were halted at 6:45 p.m. EDT.
CME’s Globex platform provides access to futures and options on interest rates, stock indexes, foreign exchange and commodities. Although gold futures haven’t started trading, the cash or spot market, which trades globally, is still active. As of 7:53 p.m. EDT 7:55 p.m. EDT, Kitco.com’s Live Chart reported spot gold at $1,277.00 an ounce.
At 7:30 p.m. EDT, the company posted another update on their site saying that all trades made at the open will be “busted.”
According to some media reports, there was speculation that trading would resume by 7 p.m. EDT, but as of 7:56 p.m. EDT no trading activity has been recorded.
Some media outlets have said that the delay and platform problems are due to a “technical click” but no other information has been released.
http://www.kitco.com/news/2014-08-24/Trading-on-CME-Globex-Halted-Open-Delayed.html
Source: http://www.gotgoldreport.com/2014/08/trading-on-cme-globex-halted-open-delayed-.html
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