Tokyo Stock Exchange crashes!
Tokyo Stock Exchange crashes from excessive porn downloading or something!
Trading still suspended on Tokyo bourse
REUTERS:The Tokyo Stock Exchange, Asia’s biggest bourse, said on Tuesday it is still unsure when it will be able to resume stock trading, which was suspended before the opening due to problems with trading systems.…more…
The Tokyo Stock Exchange has tiny glitches all the time because of the mega-funky linking of the 2-byte Japanese systems and the rest-of-the-world’s systems. Whenever the Tokyo Stock Exchange goes down for more than 10 minutes, the exchange officials and computer venders have to make formal report to the Japanese Diet. I’ve worked on a few of those reports from the network switching end….. and let me say the reports are paradigms of pure vagueness, smoke, mirrors, and lots of groveling apologies. However, these Diet reports/apologies never solve anything long-term and the mystery glitches have continued for years now.
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November 1st, 2005 at 4:57 pm
“No back-up”!?! What a bunch of clowns!
November 4th, 2005 at 3:02 pm
No back up? What happens if they get slashdotted?? ;)
November 4th, 2005 at 9:59 pm
Trading In Japan’s Nagoya Bourse Stopped
Friday, 11-04-05 12:38 AM EST, TOKYO -(Dow Jones)-
…The Nagoya bourse, located in central Japan, said the malfunction prevented trading of 390 stocks and 25 convertible bonds throughout the morning session. A spokeswoman at the bourse said the glitch was caused by errors in a system that helps distribute such information as price indication to brokerage houses and news agencies. She added that the bourse’s stock trading system wasn’t affected.
Trading on the Nagoya bourse is only slight when compared with the bourses in Tokyo and Osaka. But the disruption may spark criticism especially after a massive system glitch at the Tokyo Stock Exchange prevented trading in all stocks listed on the TSE until the last 90 minutes of the Tuesday afternoon session.
The bourse resumed trading at 0330 GMT, but said it still doesn’t know what caused the problem….
…Fujitsu Ltd. (6702.TO), which made and services the TSE’s trading system, also helps manage the Nagoya bourse’s system. The latest shutdown came after several glitches, including shutdowns in July 2004 and February 2002, since Fujitsu launched the current system in September 2000, a bourse spokesman said….