TOKYO: Japan's Financial Services Agency (FSA) will conduct an on-site investigation of the Tokyo Stock Exchange (TSE) and may issue a business improvement order after a system failure caused a full-day trade suspension earlier this month, media reported.
The TSE, operated by Japan Exchange Group Inc, submitted an incident report to the FSA on Friday detailing what went wrong on Oct. 1, when trading was halted in the worst-ever outage for the world's third-largest equity market.
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