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Amazon cloud outage disrupts major trading platforms
08 May 2026

Amazon Web Services (AWS), the cloud computing arm of tech giant Amazon, has reported an outage at one of its data center zones in Northern Virginia.

The issue, triggered by high temperatures in a single data center, has affected services for both CME Group and cryptocurrency exchange Coinbase.

While Coinbase confirmed its problems were due to the AWS outage, CME cited unspecified technical and latency issues.

AWS working to restore full service
Recovery process

AWS is working to restore full service but has not provided a timeline for when that might happen.

The company has shifted traffic away from the affected "Availability Zone" for most services as part of its recovery efforts.

An "Availability Zone" consists of one or more connected physical data centers designed to operate independently within an AWS Region.

Coinbase and CME Group restore services
Service updates

Coinbase has re-enabled all markets on its exchange after facing performance issues due to the AWS outage.

Meanwhile, CME Group, the world's largest derivatives marketplace, has completed essential maintenance work and users can now log in to its CME Direct trading platform.

However, it did not specify what caused the technical and latency issues in the first place.