The Tokyo Stock Exchange has today announced that it halted trading for the entire day due to system glitches relating to hardware and a back-up data feed failures. The halt was identified before market open, but was unable to be rectified throughout the day. Further information can be found at the following links:
https://www.jpx.co.jp/english/news/1030/20201001-06.html
https://www.jpx.co.jp/english/news/1030/20201001-05.html
ISDA is collating details on how settlement systems and markets relevant to derivatives will be affected by this occurrence. Members with relevant publicly available information are encouraged to contact ISDA at the following e-mail addresses: mdemarzio@isda.org, MChiu@isda.org, GBryant@isda.org, CMcgonagle@isda.org, tmorita@isda.org, KHoraguchi@isda.org, mhurd@isda.org, jmartin@isda.org and rsandilands@isda.org.
ISDA will set up a call for members in due course to discuss the event. An invitation to the calls will be sent by e-mail to members of the relevant working groups.
Latest
Data Integrity for Single-sided Reporting
On April 2, ISDA published a paper on why single-sided reporting does not compromise the quality and integrity of data received by supervisors. The paper addresses concerns among regulators that moving from dual-sided reporting would adversely affect the quality of...
Paper on Removal of SI Regime
On April 2, ISDA, the Association for Financial Markets in Europe (AFME) and the International Capital Market Association (ICMA) published an update to a paper, originally published in October 2025, on the practical implications of the systematic internalizer (SI) regime...
Measured Adjustments - IQ April 2026
Eighteen years on from the global financial crisis of 2008, the rollout of central clearing, margining of non-cleared derivatives trades and higher capital requirements has completely reshaped derivatives trading and risk management. But effective regulation requires regular monitoring to ensure...
ISDA In Review – March 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in March 2026.
