At 7:04 am on an autumn Thursday in Tokyo, the stewards of the world’s third-largest equity market realised they had a problem. A data device critical to the Tokyo Stock Exchange’s trading system had malfunctioned, and the automatic backup had failed to kick in.
http://business-standard.com/article/international/how-a-piece-of-hardware-took-down-japan-s-6-trillion-stock-market-120100201254_1.html
http://business-standard.com/article/international/how-a-piece-of-hardware-took-down-japan-s-6-trillion-stock-market-120100201254_1.html