02 Nov 2005
The Tokyo Stock Exchange suffered its worst ever outage yesterday when trading was suspended for four and a half hours due to a software problem.
A spokesman said that the glitch appeared to be connected to the decision to expand the trading system's capacity last month in response to high trading volumes.
The modified system had worked well, but crashed when the automatic monthly clean-up of the software was implemented. A back-up system also failed because it uses the same software.
The suspension was particularly embarrassing in light of current plans for a flotation of the exchange, although trading volumes were healthy in the remaining time available.
Latest stories from Security
Related articles
Related jobs
Poll
What is the most important IT priority for your company this year?
Firm also discusses Blackberry 10 system
Connect with V3.co.uk
This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes
Why good data management at all levels is essential in the modern business (video, 6mins)
Software Project Manager, Bristol, up to £35k Want...
Front-end Developer / Web Developer - Tech Start...
Senior Ruby on Rails Developer - Leading Financial Technology...
MS CRM / Dynamics CRM Lead Technical Consultant, £58...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?