Glitch halts all trade on Tokyo stock exchange

Glitch halts all trade on Tokyo stock exchange

A technical problem forced a halt to all trading on Tokyo's stock exchanges on Thursday.
A technical problem forced a halt to all trading on Tokyo's stock exchanges on Thursday.

TOKYO: A technical problem forced a halt to all trading on Tokyo's stock exchanges on Thursday, with no information on when activity would resume, the bourse's operator said.

"Trading in all shares on the Tokyo Stock Exchange is suspended due to glitches linked to the delivery of market information," Japan Exchange Group said in a statement.

An official told AFP that trade was suspended from 8.35 am (6.35am Bangkok). Orders were also not being received.

The precise nature of the glitch was not explained further, but it meant the country's top indexes -- the Nikkei 225 and the Topix -- were unable to open at the start of the trading day.

The issue was also affecting trade on several other exchanges, including in Nagoya and Sapporo.

The Osaka exchange was functioning normally though, Japan Exchange Group said.

The TSE said later the cause was still being investigated, but it had found no evidence of unauthorised access from outside. the problem was  possibly caused by equipment failure, an exchange official said.

It was the first such glitch since the exchange was computerized in May 1999.

The trading halt closed one of the few major markets open in Asia on Thursday, with bourses in Hong Kong, Shanghai, South Korea and Taipei all closed for holidays.

This is the first significant glitch for Tokyo's exchange since 2018, when a trading system problem left some securities firms unable to execute orders.

But that issue did not halt all trade, having what was described as a limited effect on overall market activity for the day.

The last time all stocks trade was suspended due to system glitch was on November 1, 2005, when trade was suspended for the whole morning session.

The New Zealand Exchange was hit in August by cyberattacks that forced it to halt trading three times in as many days.

The attacks also crashed the exchange website.

The source of the attack was not immediately clear.

Do you like the content of this article?

Kriangsak plans to testify over gloves saga

Kriangsak Prateepvisut, director of the Public Warehouse Organisation (PWO), has revealed that a network of people -- inside and outside of the PWO -- took part in a corruption scheme in the procurement of rubber gloves worth 112.5 billion baht.


Vatana case hits roadblock

There are no legal channels to reopen the investigation into the case in which fugitive former deputy interior minister Vatana Asavahame was sentenced by the Supreme Court in 2008 for abuse of power in a case linked to the Klong Dan wastewater treatment scandal, Justice Minister Somsak Thepsutin said.


Stroke death toll can be cut with swift treatment

Deaths among stoke sufferers could be heavily cut if the patient receives treatment within four hours of having an attack, the Neurological Society of Thailand (NST) has told the government.