CME resumes trading in ag markets after technical glitch halted trading Tuesday afternoon

April 8, 2014 11:46 AM

CME Group Inc., the world’s largest futures market, experienced what it called “technical issues” that prompted it to halt trading of about two dozen contracts on its Globex futures and options markets today.

Wheat, corn, cattle and hogs were among the halted contracts. The exchange posted the notice at 12:51 p.m. Chicago time. 

None of its largest financial contracts, include futures on interest rates, equity indexes, currencies and energy products, were affected.

“We experienced a technical issue that resulted in certain agricultural futures and options markets being halted on CME Globex today. The  issue has been resolved,”  Chris Grams, associate director of corporate communications at CME Group, told Futures.

“CME livestock, dairy/butter, weather, commodity indices, crude palm oil and ethanol futures and options markets reopened at 2:30 Central Time for the remainder of the Tuesday, April 8 trading session.”

CBOT grain and oilseed futures and options will be available to trade at their next regularly scheduled open of 7:00 CT tonight for trade date, Wednesday, April 9.

About the Author

Yesenia Duran is Managing Editor at Futures magazine. She has covered the financial industry for more than 5 years. She originally joined Futures in 2002 after graduating from Northwestern University where she majored in journalism. In her free time Yesenia trains and prepares for the eventual zombie apocalypse. E-mail her at yduran@futuresmag.com, and follow her on Twitter at @yesifutures.