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Systems snag hits Tokyo derivatives

A systems malfunction today forced the Tokyo Stock Exchange to suspend trading in a line of equity derivatives, two years after a succession of embarrassing computer errors led to the resignation of its former chief executive.

At 10:59 JST, The Tokyo Stock Exchange halted the trading of futures on Topix, an equity derivatives index, after its computers failed to execute transactions. The suspension will remain in place until further notice, the exchange said.

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