Tokyo Trade Halted For Day After Glitch

Trade on Tokyo's stock exchanges was halted for the whole day on Thursday after a technical glitch forced activity to be suspended before the market opened.

"TSE (Tokyo Stock Exchange) has decided to halt all listed stocks for all of today. When trade will resume has not yet been decided," operator Japan Exchange Group said in a statement.

The trading halt closed one of the few major markets open in Asia on Thursday, with bourses in Hong Kong, Shanghai, South Korea and Taipei all closed for holidays.

This is the first significant glitch for Tokyo's exchange since 2018, when a trading system problem left some securities firms unable to execute orders.

But that issue did not halt all trade, having what was described as a limited effect on overall market activity for the day.

The last time all stocks trade was suspended due to system glitch was on November 1, 2005, when trade was suspended for the whole morning session.

The New Zealand Exchange was hit in August by cyberattacks that forced it to halt trading three times in as many days. The attacks also crashed the exchange website. The source of the attack was not immediately clear. (AFP)

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