Lessons learned

Operational Risk

pg49-image-gif

A spate of incidents at the Tokyo Stock Exchange (TSE) over the past four months has highlighted fundamental weaknesses in its trading system - flaws that have sparked regulatory ire, fury among traders and the resignations of three top exchange officials.

The events have also emphasised how easily trading errors can be made, and shown that operational failures can have a knock-on effect on market prices and lead to significant losses for trading and brokerage firms. More importantly, where

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: