Software glitch halts Tokyo Stock Exchange

Stock and bond trading on the Tokyo Stock Exchange was scrapped Tuesday morning as a result of a system glitch.

Problems came to light before the market’s opening at 9 a.m. local time (midnight GMT) and caused the start of trading to be delayed until 1:30 p.m. local time.

The glitch is the most serious to hit the exchange since floor trading was scrapped and an all-electronic trading system was installed in 1999. The system, which is supplied by Fujitsu Ltd., was upgraded on Oct. 10.

Tuesday’s problem appears to have been caused by a software error related to that upgrade, according to local news reports.

Further details were not immediately available.

Despite the problem Tokyo stocks ended overall up on the day. The benchmark Nikkei 225 stock index closed at 13,867.79, up 261.36 points and a four-year high.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Article

ADaPT connects employers with highly skilled young workers

Help wanted. That’s what many tech companies across Canada are saying, and research shows that as the demand for skilled workers...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now