28 Aug '12, 5pm

Indonesia Stock Exchange Latest to be Hit by “Technical Problems”

The recent rash of “technical problems” hitting the world’s stock exchanges continues unabated. When Indonesia’s Stock Exchange (IDX) went to open yesterday morning, only 84 of the 114 listed security companies were able to connect to the exchange . As a result, the exchange decided to cancel its usual 15-minute pre-trading session and delay its opening for 30 minutes until 10:00 local time to diagnose and repair the problem which the Jakarta Globe reported was centered at the IDX’s main remote trading system . The severity of the problem, however, led IDX to move trading to its revamped Disaster Recovery Center (DRC) which was built partly in response to previous reputation-tarnishing outages, but apparently that move did not totally solve the problem . The exchange did open at 10:00 as planned, but by 10:15, the connection problem reoccurred, and the exchange was shut do...

Full article: http://spectrum.ieee.org/riskfactor/computing/it/indonesi...

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