Taiwan quake hits e-trading in Asia
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Traders in Hong Kong and Singapore said that e-dealing systems Bloomberg, EBS Spot and Reuters Matching all experienced connectivity problems during the morning of December 27. The Bloomberg dealing terminal was hardest hit, and was down for the entire day.
The earthquake, which measured 7.1 on the Richter scale, cut telecommunications and internet connections throughout the region. Trading with banks in Taiwan was worst affected, with inbound communication unavailable, said traders.
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