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Share price display without share prices in Tokyo: worst system failure so far
Photo: Eugene Hoshiko / AP
At the Asian leading exchange in Tokyo could not be traded on Thursday due to a technical breakdown.
For the first time in the history of the trading center, trading was canceled for a whole day.
Up until now, technical problems had at most caused lengthy trading interruptions.
The reason for the compulsory break is hardware problems, said the world's third largest stock exchange operator.
At the moment it is not clear whether trading will be possible again on Friday.
The exchange operator had initially stopped trading in the morning because there had been problems with the transmission of data.
Trade orders could not be processed either.
Trading in all shares was then suspended.
This also applied to the markets in Sapporo, Nagoya and Fukuoka, which also use the Tokyo stock exchange system.
After the systems could not be made to work, the exchange operator decided to suspend them all day.
In 2005, the stock exchange operator, the Japan Exchange Group, had to stop trading all shares for four and a half hours due to a technical glitch.
In the years that followed, the operator repeatedly had technical problems, but these never led to the complete suspension of share trading.
In 2010 the exchange then introduced a new trading system, but it was not able to solve all problems.
In the years that followed, there were repeated breakdowns, but never to the extent that this Thursday.
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fdi / dpa-AFX
