Computer Meltdown Stymies Japanese Stock Market

The Tokyo Stock Exchange was shot down for several hours on Tuesday due to a computer malfunction.

Trading was suspended from about half an hour past nine to almost two o’clock in the afternoon. Mostly the trading of derivatives and futures was halted by the Tokyo Stock Exchange as a result.

The Wall Street Journal reports that this was the third meltdown this year and the current computer system is expected to be replaced next year.