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24 brokerages lack secondary system to prevent order mistakes.

Publication: Japan Weekly Monitor
Publication Date: 24-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 21 Kyodo

The Tokyo Stock Exchange (TSE) said Friday 24 of 113 securities houses surveyed lacked a counterchecking system to prevent orders from being misplaced in stock and convertible bond transactions.

The bourse conducted a survey on measures taken by the brokerages to prevent erroneous orders after...



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