CME chases up ‘errant orders’
The Chicago Mercantile Exchange today (September 14) issued the following statement on errant test orders on its Globex platform yesterday afternoon:
“During a six minute period beginning at 2.38pm (CDT) on Monday September 13, test orders that should have been posted into a quality assurance testing environment were inadvertently placed into active energy and metals markets on CME Globex.
“As soon as we became aware of the issue, we began working with affected customers and implemented other corrective steps. We have also kept the Commodity Futures Trading Commission apprised of developments related to this event. CME Group will address these transactions in accordance with its Rule 587.”
Reuters launches Eikon platform
Thomson Reuters, the Anglo-Canadian media conglomerate, today (September 14) launched its Eikon desktop hub for financial market professionals. The system aims to place the most comprehensive market information, news, analytics and trading tools...