S&P 500 extends rally after CME glitch, reversing monthly slide

S&P 500 extends rally after CME glitch, reversing monthly slide

Markets are continuing to bet that the central bank will cut its benchmark next month [NEW YORK] US stocks notched a fifth-straight day of gains, as the Chicago Mercantile Exchange restarted operations following an earlier outage and expectations for a US Federal Reserve interest-rate cut next month remained intact. The Dow Jones Industrial Average rose…

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CME trading halted due to cooling issue at data centres

CME trading halted due to cooling issue at data centres

[SINGAPORE] Exchange operator CME Group said on Friday trading in derivative markets was halted due to a cooling issue at data centres. “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 said in a statement. Futures trading for the…

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CME Debuts Offshore Yuan Options To Tap Rising Trading Demand

CME Debuts Offshore Yuan Options To Tap Rising Trading Demand

Men enter the CME Group offices in New York, U.S., October 18, 2017. Reuters Chicago’s CME Group opened options trading for Chinese yuan futures on Monday, as it looks to deepen a market that investors use for betting or hedging against moves in China’s currency. Hong Kong has offered similar exchange-traded options since 2017, though…

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