$6 Trillion Tokyo Stock Market down due to one piece of equipment malfunction

By ircrp | ircrp | 3 Oct 2020


On Thursday 1st of October 2020 the world 3rd largest Stock Exchange has halted its trades due to a malfunction of one piece of hardware. The outage has resulted in entire day of trades being frozen out in the $6 trilion market cap exchange.

  • As of 8 a.m. traders have reported glitches around the data points being provided in their trading terminals in regards to indicative prices, with some reporting lack of data.
  • A minute later the Stock Exchange has informed sys admins at security firms that there is likely an ongoing issue.
  • By 8:36 a.m. the trading was officialy halted after confirmation from the Stock Exchange following a press release published in Japanese.
  • One of the criticisms is of the exchange's communication, with a confusingly translated English version of the press release coming out hour later after the Japanese press release.
  • The root cause of the outage has been identified to be related to the primary shared disk device memory breakdown.
  • A further issue arised during the automatic failover from the primary shared disk to a secondary with a lack of explanation from the exchange so far in regards to the root cause.
  • Later in the day an announcement was put forward that the trading would restart on Friday

 

 

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