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Tokyo exchange to set up committee to investigate outage

FILE PHOTO: TV camera men wait for the opening of market in front of a large screen showing stock prices at the Tokyo Stock Exchange in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - The Tokyo Stock Exchange has set up a committee to investigate the cause of the outage last week that brought trade to a standstill for a full day, it said on Monday.

The exchange said in a statement that the outage, its worst ever, was caused by a memory error and its system wasn’t automatically able to switch over to a back-up. It has since confirmed that the switch-over function is working.

Writing by David Dolan; Editing by David Goodman

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