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...

By Lynn Doan, Daniel Zuidijk, Benoit Berthelot · Bloomberg Markets

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.