Tokyo Inventory Alternate Glitch Brings Buying and selling to a Halt

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TOKYO — Inventory buying and selling on this planet’s third-largest financial system floor to a close to standstill on Thursday morning after a technical glitch shut down the Tokyo Inventory Alternate and another markets throughout Japan.

The breakdown resulted from an issue in a system that experiences market data, Japan Alternate Group, the corporate that operates the system, stated in a press release on its web site.

The corporate didn’t give particulars concerning the trigger and stated it didn’t know when the issue could be resolved.

Buying and selling was additionally halted at exchanges in Nagoya, Sapporo and Fukuoka, the businesses operating them stated.

Buying and selling in Japan’s second-largest alternate, in Osaka, gave the impression to be unaffected.

Over 3,700 corporations are listed in Tokyo alone.

Japan has confronted related issues over time, with system glitches often stopping some buying and selling for temporary durations. The final systemwide shutdown was in 2005 when a software program improve malfunctioned, shutting the market down for half a day.

Makiko Inoue and Hikari Hida contributed reporting.


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