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CommoditiesBearish
7/10

CME Group Halts Trading in Metals and Natural Gas Due to Technical Issues

Published 4 days ago
1 min read

Key Facts

  • •CME halted all metals and natural gas contracts (futures and options) due to technical issues.
  • •All day orders and GTDs were cancelled, while GTC orders remained working.
  • •Natural gas futures reopened lower, while metals were scheduled to reopen at 13:45 Central Time.

The Chicago Mercantile Exchange (CME) suspended trading for all metals and natural gas futures and options contracts following unspecified technical difficulties. The disruption affected the CME Globex electronic trading platform, leading to the immediate cancellation of all day orders and Good-Till-Date (GTD) orders. However, Good-Till-Cancelled (GTC) orders remained active in the system during the outage. Natural gas futures reopened at lower price levels once connectivity was restored, while metals were scheduled for a phased restart. Market participants expressed concern as technical halts often create liquidity gaps and trigger volatility in commodity markets. Spot gold and silver prices saw a slight decline during the suspension, reflecting broader uncertainty among traders regarding market access.

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Instruments

XAU/USDXAG/USDNGGCSIHG
Sources:zerohedge.com