World-renowned for its hardware, Japan has a software problem. And the bugs are starting to bite.
For 2006, the Tokyo stock exchange has decided to supplement its computer systems with an exotic new backup technology: people. In December an employee at the Japanese investment firm Mizuho entered a mistaken sell order into the TSE's computerized trading system, which didn't allow the trade to be canceled once the mistake was noticed. The result: a transaction that ended up costing the company about $346 million.
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[t]japan[/t] [t]tse[/t] [t]stock[/t] [t]software[/t] [t]tech[/t] [t]bugs[/t] [t]trading[/t]