@Kevin Gong I think a combination of what you are describing

@Kevin Gong so back baby!

Ran out of margin on that second gold position

@Kevin Gong earlier today

There are several reasons why markets didn't react more negatively to the CME outage: 1. Timing Was Critical The outage occurred on Black Friday following Thanksgiving, during a holiday-shortened trading session with typically lower liquidity, which likely prevented a more severe market reaction. Most institutional traders were off, and trading volumes were already expected to be light. 2. Markets Were Already Closed The technical glitch originated late on Thursday, November 27, around 8:40 PM CT — after U.S. equity markets had already closed for Thanksgiving. This meant the outage happened during relatively quiet overnight hours when fewer participants were active. 3. Restoration Before Market Open While premarket activity and trading in crucial contracts were down for over 11 hours, CME worked quickly to restore services, with most platforms coming back online around or before the regular equity market open on Friday. This minimized the impact on actual cash market trading. 4. Markets Actually Moved Higher SPY was up about 0.3%, QQQ up 0.4%, and a Dow-tracking ETF up roughly 0.3% in pre-market trading, suggesting positive sentiment was already in place regardless of the technical issue. 5. Infrastructure Issue, Not Market Fundamentals Traders understood this was a technical cooling system failure at a data center, not a fundamental market problem or financial crisis. Once confidence was restored that systems were coming back online, there was little reason for panic selling. The combination of holiday timing, quick resolution, and the nature of the problem (technical infrastructure rather than economic/financial stress) helped contain what could have been a much more disruptive event.

That last point makes me think about how the infrastructure around AI is no where near where it needs to be

It was sim, 45 strategies and $1mm account. 1 mini per strategy

@Kevin Gong I’m pretty sure it was 1 mini per strategy…. But I could be wrong. Go-d willing we’ll see that size account trading on the concierge tier.