The Private Equity-Owned Data Center Behind CME’s Massive Outage

Nov 28, 2025 - 12:00
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The Private Equity-Owned Data Center Behind CME’s Massive Outage
About 45 minutes west of downtown Chicago lies a rather unassuming, glass-encased data center that some of the world’s largest markets depend on. By one 2018 estimate, at least $25 quadrillion of notional trade volume passes through the facility every day.

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