TOKYO – Investors in Japan and elsewhere were left scratching their heads Thursday after trading on the Tokyo Stock Exchange, the world’s third largest by market value, was halted for the day due to a technical failure.
The Tokyo Stock Exchange said it was working to restore trading by Friday and would hold a news conference later in the day.
There was no indication that the outage resulted from hacking or other cybersecurity breaches. The Japan Exchange Group issued a statement saying that a hardware failure caused a malfunction in the backup device meant to kick in if there was a technical problem.