CME Group Inc. (CME)
CME Group Stock Trades Flat After Massive Outage
Financial market operator CME Group Inc (NASDAQ:CME) is trading flat at $281.10 at last check, after the Chicago Mercantile Exchange's CyrusOne branch suffered a cooling issue at a data center.
Dow Jones Today: Stock Futures Tick Higher Before Tech Outage Halts Trading; Major Indexes Look to Post Best Week Since June
Stock futures pointed slightly higher before a tech outage halted trading on Black Friday, with major indexes poised to record their best week since June. Stock and bond markets will close early today.
Key facts about trading on the CME
An outage at the world's biggest exchange operator CME Group on Friday halted trading on its popular currency platform and in futures spanning foreign exchange, commodities, Treasuries and stocks.
CME outage triggers hours-long halt as data centre fault stalls global derivatives trading
Trading in futures and options on the Chicago Mercantile Exchange was suspended for several hours on Friday after a fault at an external data centre stopped activity across foreign exchange, bond, equity and commodity markets. The interruption, which affected contracts from crude oil to United States Treasuries and S&P 500 futures, lasted longer than a comparable outage in 2019 and highlighted the central role of CME and its Globex electronic system.
CME Group outage hits U.S. futures trading
U.S. markets return following the Thanksgiving holiday but a technical glitch at a CME Group data centre impacts futures trading across equities, treasuries and commodities. European markets see out a turbulent month of November having seen large moves within the tech, health and defence sectors.
CME halts futures trading on stocks, currencies and other markets, citing data center cooling issue
Black Friday trading was off to an auspicious start after exchange operator CME was forced to halt futures trading on Friday.
CME halts futures trading after 'cooling issue' at data center
A technical problem obstructed futures trading at the Chicago Mercantile Exchange in the early hours of Friday morning.
CME Options, Futures Trading Halted Amid Data-Center Issue
Trading of futures and options on the Chicago Mercantile Exchange was halted on Friday due to a data-center problem.
Why Is CME (CME) Up 2.4% Since Last Earnings Report?
CME (CME) reported earnings 30 days ago. What's next for the stock?
Flutter and CME plan prediction markets launch under FanDuel brand to take on Polymarket, Trump Media
There was a potentially industry-rocking development buried in the quarterly results from Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT). The owner of European brands such as Paddy Power and BetFair, as well as FanDuel in the US, is moving into one of the buzziest corners of the US fintech-meets-gambling world: prediction markets.
CME Group: Awaiting Multiples To Come In For This Premium Player
CME Group remains a dominant, highly profitable exchange with robust growth, strong margins, and disciplined capital allocation. CME trades at 24x earnings after a recent pullback, making valuations more appealing, but third quarter results were lackluster with declining trading volumes. CME is expanding into crypto and prediction markets, launching new products and partnerships to drive future growth amid rising competition.
CME: Exchange Operator's Bullish Streak Should Continue As Market Data Segment Grows
For my 4th coverage of CME Group Inc., I'm actually upgrading it to a Strong Buy, even more confident than today's consensus. A key growth factor could be driven by CME's market data /subscription-driven segment, but also 24/7 crypto trading. The firm has impeccable profit margins in its peer group, a low D/E, investment-grade rating from Fitch, and proven dividend growth.
