Cbot e-trading platform hit by glitches

Cbot e-trading platform hit by glitches

The Chicago Board of Trade (Cbot) says it is working with Atos Euronext Market Solutions (AEMS), which hosts its e-cbot electronic trading platform, to fix technical glitches that brought the system to its knees three times at the end of last week.

In a statement Cbot COO Bryan Durkin says the exchange "has identified an issue with our trading host" which forced it to periodically suspend trading on the e-cbot platform.

"We have been working vigorously with our service provider, Atos Euronext Market Solutions (AEMS), to implement a solution which we expect will resolve the problem," says Durkin in a statement.

On Friday the e-cbot system went down for around an hour at mid-morning and then again at 1:11pm CST. The shut-down followed a similar 45 minute outage on Thursday.

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