Eurodollar dealing disrupted by Globex glitch

Eurodollar dealing disrupted by Globex glitch

Eurodollar futures trading on Globex was halted for almost three hours Thursday after some users experienced trouble accessing the Chicago Mercantile Exchange's electronic dealing system.

Open-outcry trading of Eurodollars on the CME's trading floor continued during the outage, while the Exchange struggled to fix a glitch in the Globex order matching engine.

About 75% of Eurodollar volume is traded over Globex following a concerted push by the CME last year to migrate trading away from the open outcry pits.

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