Fujitsu Ltd , the developer of the Tokyo Stock Exchange's trading system, is still investigating causes of the bourse's worse-ever outage last week, the company's chief executive said on Monday.
FILE PHOTO: A man works at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon, the developer of the Tokyo Stock Exchange's trading system, is still investigating causes of the bourse's worse-ever outage last week, the company's chief executive said on Monday.
“We will make utmost efforts to find the causes and prevent recurrences of such troubles,” Takahito Tokita said at a briefing on Fujitsu’s digital strategy, in his first public appearance since the TSE outage paralysed the world’s third-largest equity market. The TSE has said the glitch was the result of a hardware problem at its “Arrowhead” trading system, and a subsequent failure to switch to a back-up. It caused the first full-day suspension since the exchange switched to all-electronic trading in 1999.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street analysts see long-term share gains for stocks like Costco and RedfinNew for subscribers: Wall Street analysts see long-term share gains for stocks like Costco and Redfin Check out CNBCPro today.
Read more »
Donald Trump should be better in a week after taking experimental drug, Regeneron CEO saysDuring the interview, it was asked whether it's wise to place the president on an experimental drug that could have adverse side effects.
Read more »
'SNL': Megan Thee Stallion Slams Kentucky AG With 'Savage' Performance“We need to protect our black women, and love our black women, ’cause at the end of the day, we need our black women,” rapper says during SNL debut
Read more »
Umrah pilgrims return to a Mecca stilled by COVID-19 slumpMecca slowly stirred from a seven-month hibernation on Sunday as pilgrims trickled in after Saudi authorities partially lifted a coronavirus ban on performing umrah - a pilgrimage to Islam's two holiest sites that is undertaken at any time of year.
Read more »
Kuwaiti market rebounds on reopening after Emir's deathBroad-based gains pushed Kuwaiti shares higher on Sunday as the bourse reopened after a two-session break following the death of its Emir, with other indexes subdued in early trade.
Read more »
Wall Street's top analysts are unanimously bullish on stocks like Amazon and CarMaxTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Amazon and CarMax.
Read more »