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Finance

Tokyo Stock Exchange to face FSA probe over unprecedented outage

Exclusive: Japan's financial watchdog to weigh possible administrative action

The Tokyo Stock Exchange building in Tokyo. (Photo by Kei Higuchi)

TOKYO -- Japan's Financial Services Agency decided Monday to conduct an on-site investigation of the Tokyo Stock Exchange in response to a system failure that shut down equities trading earlier this month, Nikkei has learned.

The TSE submitted an incident report on Friday as requested by the FSA. The financial watchdog will review in detail the cause of the system problems as well as the TSE's internal controls.

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