We have observed totally unexpected and abnormal increases in trading volumes and it is extremely regrettable that we had to take such action.
More Quotes from Taizo Nishimuro:
We need more updated information and better disclosure.Taizo Nishimuro
They have two tasks to deal with. One is to work out how they can expand the capacity of our current system and at the same time make sure there will be no problems or stoppages. In parallel to that we really need to have a total restructuring of our IT system itself. This is not necessarily in the stock trading system only but also the enterprise architecture.
Taizo Nishimuro
We will set up a mechanism that exchanges (nationwide) can use. (Through) this, we would like to increase Japan's international competitiveness.
Taizo Nishimuro
The number of individual investors or shareholders who trade using the Internet has increased significantly.
Taizo Nishimuro
We must continue with the shortened session since our actual trading capacity hasn't been expanded yet. We plan to expand the system sometime around May or June. We'll make an official announcement on Feb. 21.
Taizo Nishimuro
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