We may have found the reason for the sharp selloff in commodities, and the leg lower in the ES this afternoon: it appears that the CME is experiencing major issues, in some reported cases not accepting buy orders.
CME platform rejecting my orders [email protected]
— Anthony Grisanti (@AnthonyGriz) July 11, 2018
Here is the statement issued moments ago by the CME:
Exchange Connection Problems Escalated.
Critical error message from Customer Service. Expires at; 2018 07 11-19:26:46:417