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Computer Glitches Halt the Tokyo Exchange for 1.5 Hours

“The Tokyo Stock Exchange Group Inc.’s second major system error in seven months halted derivatives trading for about 95 minutes, cutting equity volumes, driving government bonds lower and sending futures traders to its smaller Osaka rival.

The failure lasted from about 9:20 a.m. to 10:55 a.m. local time, the bourse operator said. Trading in Topix Index shares was 20 percent below the average for the time of day after index and government bond futures were halted. Japanese 10-year government bonds fell during the breakdown. The exchange suffered its biggest disruption in six years on Feb. 2 as a fault halted trading for 3.5 hours in some of the country’s biggest companies.”

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