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
ISDA AGM Studio: Scott O'Malia and Chris Edmonds
Christopher Edmonds, president, fixed income & data services, at Intercontinental Exchange, speaks with Scott O’Malia, ISDA CEO, about how market volatility, regulatory change and technological transformation are reshaping global markets. The discussion explores what recent volatility has meant for participation,...
ISDA AGM Studio: Bill Borden, Microsoft
Bill Borden, corporate vice president, worldwide financial services, at Microsoft, speaks with Mark New, ISDA’s co-head of digital transformation and senior counsel, about how artificial intelligence (AI) is shaping the future of financial markets and the key factors firms should...
ISDA AGM Studio: Heath Tarbert
Heath Tarbert, president of Circle, speaks with ISDA CEO Scott O’Malia about the primary applications of stablecoins in derivatives markets and how key legal considerations – including bankruptcy treatment and settlement finality – are being addressed as digital assets become...
ISDA AGM Studio: Yuval Rooz
Yuval Rooz, co-founder and CEO of Digital Asset, speaks with ISDA CEO Scott O’Malia about the growing momentum behind tokenization, the most compelling use cases for derivatives markets and the remaining hurdles that need to be addressed to enable widespread...