Glitch halts Tokyo derivatives trading

by The Compliance Exchange on August 7, 2012

Glitch halts Tokyo derivatives tradingThe Tokyo Stock Exchange stopped trading of derivatives on Tuesday morning, in the latest in a series of technological glitches that have embarrassed Japan’s largest exchange group.

The TSE blamed a broken router in its Tdex+ derivatives trading system, installed last November, which affected all trading of Topix futures, government bond futures and options for more than 90 minutes from about 9:20am local time. An automatic switch to a backup router failed, it said.

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