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Markets

Tokyo Stock Exchange system failure hits brokerages

Normal operations expected to resume Wednesday after order interruptions

An improperly conducted test seems to have caused one the Tokyo Stock Exchange's four trading systems to go down early Oct. 9.

TOKYO -- A system failure at the Tokyo Stock Exchange on Tuesday forced SMBC Nikko Securities and other Japanese brokerages to temporarily freeze some of their operations.

SMBC Nikko announced it had stopped receiving new orders for cash stock and margin trading through its Nikko Easy Trade online portal and its bricks-and-mortar branches. The brokerage said orders resumed shortly after 11 a.m. through both channels.

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