Business · Markets · 2 hrs ago
PayPay Securities halts trading in Japanese stocks and ETFs after outage
PayPay Securities stopped trading in all Japanese stocks and ETFs on October 13 after an outage at an external service provider.
The disruption began at 10:15 a.m.
and affected the company’s app and website.
The company briefly reopened order submissions around 11:30 a.m., but stopped them again about an hour later.
Orders for Japanese stocks scheduled for October 14 were also suspended, including orders that would normally be accepted after trading ended on October 13.
Trading in US stocks, US ETFs, investment trusts and certain other products continued as usual.
The company said it was working to restore service, but had not given a recovery time as of 3:50 p.m.
The company said the outage was not caused by unauthorized access.
PayPay Securities halted trading in all Japanese stocks and exchange-traded funds after an outage at an external connection provider.
The outage began after 10:15 a.m. on October 13, and trading had not resumed by 3:50 p.m.
The company briefly resumed accepting orders at about 11:30 a.m. but stopped again about an hour later.
Orders for Japanese stocks scheduled for October 14 were also suspended.
Trading in US stocks, US ETFs, investment trusts, Japanese stock CFDs and 10x CFDs continued as usual.
- Who
- PayPay Securities.
- What
- It suspended trading in all Japanese stocks and ETFs after an outage at an external connection provider.
- When
- The outage began after 10:15 a.m. on October 13; trading remained halted at 3:50 p.m.
- Where
- Not stated.
- Why
- An outage at an external connection provider affected trading.
This story does not have two clearly opposing sides.
An outage began and PayPay Securities suspended trading in Japanese stocks and ETFs.
The company briefly resumed accepting orders.
Order acceptance was suspended again because of the outage.
Trading had not resumed.
- Trading affected
- All Japanese stocks and ETFs
- Outage began
- After 10:15 a.m. on October 13
- Temporary order resumption
- About 11:30 a.m.
- Next-day orders
- October 14 Japanese stock reservation orders were also suspended
- Unaffected products
- US stocks, US ETFs, investment trusts, Japanese stock CFDs and 10x CFDs
Sources
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