[ad_1]
The Tokyo Stock Exchange announced on the 1st that it will suspend trading of all shares for the day. The restoration is currently undecided. The schedule the day after tomorrow will be announced again.
In this failure, the market information, such as the share price and the listing price, was damaged. Although the commercial system was working, it appears that there was a problem with the distribution of information. The Nagoya Stock Exchange and the Sapporo Stock Exchange, which use the same Fujitsu system as the TSE, have also been suspended. On the other hand, long-term government bond futures and stock futures on the Osaka Stock Exchange are traded as usual.
Takeo Tanaka, a spokesman for Fujitsu, who was in charge of the Arrowhead system, which is TSE’s business system, said: “We are investigating the situation together with TSE. We will refrain from disclosing the details and status of the response.” The Financial Services Agency is conducting interviews with securities companies about the impact on clients.
TSE where trading stopped
Stock companies are also busy responding. According to Mr. Hokuto Sawada, a spokesperson for SMBC Nikko Securities, after the flaw was discovered, the certificate suspended orders to trade face-to-face Japanese shares at 140 domestic branches, but from a customer service perspective, the Orders were received after 11:30. It rebooted. However, it cannot be executed. In online transactions, orders are only accepted while a warning that contracts cannot be made is posted.
Additionally, Daiwa Securities continues to receive sell orders while attracting attention. According to Yuji Ueoka, a spokesperson, the TSE does not currently accept order corrections or cancellations, so in response to customer inquiries, “the cancellation may not be on time and may be executed at an unexpected price.” It is said that is explained.
Yukihiro Takahashi, manager of the Ichiyoshi Securities Investment Information Department, noted that “Today is the first day of the market price in the second half of this year, and it is also the day that the Bank’s short vision is announced. Japan. In the past, even if there was a problem with TSE, he said he had the opportunity to buy and sell in Osaka. “Now that the exchanges are concentrated, everything will stop if there is a problem with TSE. Due to the over-concentration in the Japanese stock market, “the weakness has appeared.”
Ryuta Otsuka, a strategist at Toyo Securities, said: “If this happens, confidence in the market will fall and the market could fall.”
According to the TSE, there has been a large-scale system failure in the physical trading of the TSE since October 2018, when some trading participants had problems and trading of all shares was suspended since November 2005. They will be. The last time in 2005, operations were suspended for four and a half hours.
