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Japan FSA to order Tokyo bourse to swiftly report on trading system glitch

Japanese Finance Minister Taro Aso rings a bell to start the new year’s trading during a ceremony at the Tokyo Stock Exchange in Tokyo, Jan. 6, 2020. (AFP)
Japanese Finance Minister Taro Aso rings a bell to start the new year’s trading during a ceremony at the Tokyo Stock Exchange in Tokyo, Jan. 6, 2020. (AFP)
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02 Oct 2020 01:10:19 GMT9
02 Oct 2020 01:10:19 GMT9

Japan’s Financial Services Agency will order the Tokyo Stock Exchange (TSE) to report swiftly on its system glitch that halted trading at the bourse for the whole day on Thursday, Finance Minister Taro Aso said.

The Financial Services Agency needs to examine the case after the stock exchange clears up the system trouble and takes steps to prevent a recurrence, Aso told reporters after a cabinet meeting.

The TSE resumed normal trading on Friday, with the main index starting slightly higher a day after the worst-ever outage brought the world’s third-largest equity market to a standstill. 

Reuters

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