Glitch-Hit TSE Stock Trading Restored
Tokyo, Oct. 10 (Jiji Press)--Normal trading resumed on the Tokyo Stock Exchange Wednesday, one day after a glitch made it unable for some brokerage firms to accept orders from clients, the exchange said.
The glitch was fixed, and stock trading was being conducted normally from the outset of Wednesday's session, the TSE said.
The glitch was caused by an extraordinary amount of data erroneously sent by Merrill Lynch Japan Securities Co., sources familiar with the matter said.
The glitch occurred at around 7:30 a.m. on Tuesday (10:30 p.m. Monday GMT), when one of the four computer servers used to connect securities firms to the exchange's trading system went down.
The server in question went down after it received in only several tens of seconds a flood of data--more than 1,000 times heavier than usual--sent erroneously by a securities firm, the TSE said Tuesday.
[Copyright The Jiji Press, Ltd.]