TSE Must Restore Confidence After Second Outage
The Tokyo Stock Exchange (TSE) is no stranger to technology problems.
In November 2005, a glitch shut down trading and TSE executives blamed the exchange’s Fujitsu-supplied trading system.
The following month, the TSE failed to cancel an erroneous Mizuho Securities trade, and the losses were counted in the hundreds of millions of dollars. The fallout from that incident was extreme: Then-president and CEO Takuo Tsurushima, CIO Tomio Amano, and computer systems head Sadao Yoshino resigned after
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