Japan Exchange Group (JPX) trading was stopped on Thursday as Tokyo Stock Exchange (TSE) experienced technical glitches, according to press release. Hitch was the first since the Japanese exchange adopted electronic trading system in 1999. Restoration undecided, and TSE to announce tomorrow’s schedule.
- Market strategists expecting high trading volatility on market open due to the uncertainty
- Other affected exchanges include Nagoya Stock Exchange, Fukuoka Stock Exchange, and the Sapporo Securities Exchange.
- All affected exchanges operate on cash equity trading system built by Japanese Fujitsu Ltd.
- Derivatives on Osaka exchange not affected, as they operate on different platform
- No possibility of cyberattack-Japanese Exchange Group Spokesperson
- Market closures affected over 2,500 listed stocks and investors with portfolio rebalancing strategies.
Yen marginally affected by the TSE trading glitches. USDJPY is up 0.13%
