Tokyo Exchange turns to Hitachi after systems crash
Published: 01 Feb 2006 10:40 GMT
The Tokyo Stock Exchange has sidelined Fujitsu trading computers in favour of Hitachi equipment after a system meltdown caused trading to cease earlier this month.
The exchange ground to a halt 20 minutes before the end of trading, when the maximum daily limit of five million trades was exceeded.
According to a Reuters report, the Hitachi system, which went live yesterday, can handle only the same amount of trades but can be upgraded more easily than the Fujitsu one.
Reports suggest the exchange will continue to use the Fujitsu system as well as the new Hitachi one.
Fujitsu, which has come under fire for the incident, was also blamed for a trading system fault that brought the entire exchange down for almost a whole day last year.
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