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TSE submits report over glitch-induced shutdown

TSE submits report over glitch-induced shutdown. (AFP)
TSE submits report over glitch-induced shutdown. (AFP)
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17 Oct 2020 07:10:05 GMT9
17 Oct 2020 07:10:05 GMT9

TOKYO: The Tokyo Stock Exchange and its parent, Japan Exchange Group Inc. or JPX, on Friday submitted to the Financial Services Agency a report on a glitch-induced full-day trading shutdown.

The submission of the report delayed into the night as coordination between the two sides took time, informed sources said.

The FSA will consider issuing punishment after scrutinizing the cause of the incident and preventive measures included in the report. 

The TSE will make an announcement on details of the incident as early as Monday.

The glitch occurred on the morning of Oct. 1, forcing the TSE to stop trading in all listed stocks for the whole day, the first full-day shutdown since its trading became fully computerized in May 1999.

JIJI Press

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