Funlove virus causes trading glitch for 3 Malaysian brokerages

posted onMay 23, 2007
by hitbsecnews

THE share trading glitch experienced by three brokerages in Kuala Lumpur on Monday was traced to old operating systems infected with the "funlove" virus, says Bursa Malaysia.

Business Times reported yesterday that OSK Securities, Asseambankers and TA Securities experienced problems in share trading on Monday because of computer problems, which some claimed originated from the stock exchange's trading system.

A Bursa Malaysia spokesperson said the stock exchange was notified of the problem at 9.30am on Monday and managed to get its vendors to fix it by 11am the same day.

Upon investigation into the matter, Bursa Malaysia concluded that the problem did not originate from its own trading system.

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