Despite CME assuring clients the problem would soon be fixed, an overheated data center brought down vast parts of the global financial system for hours.

A technical problem obstructed futures trading at the Chicago Mercantile Exchange in the early hours of Friday morning.

CME blamed the outage, which halted trading for more than 11 hours, on a cooling failure at a data centre in Chicago.

Despite CME assuring clients the problem would soon be fixed, an overheated data center brought down vast parts of the global financial system for hours.