As many of you already know, the Chicago Mercantile Exchange's Globex system -- on which the popular E-mini futures trade -- has experienced serious technical difficulties today. The CME halted trading on Globex at 10:40 Chicago time this morning, and trading has not yet resumed. We have no information at this moment as to when Globex might be expected to reopen.
In addition, the CME announced just a short time ago that any Globex orders placed today -- and please keep in mind that "today" began yesterday (Wednesday) at 15:45 Chicago time -- will be purged from the Globex system.
What does this mean for you? Simply put, it means that all Pending and Working Globex orders will be designated Unable and then purged altogether from our system at the end of today. This is worth repeating: All Pending and Working Globex orders are now effectively dead. It is absolutely essential, if you've placed any Globex orders since 15:45 yesterday, Chicago time, that you monitor your account closely in coming hours, conscientiously review your orders, and contact us immediately with any questions or concerns."
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