(Adds details on nature of glitch)
JOHANNESBURG, April 23 (Reuters) - A database glitch delayed the start of trading on the Johannesburg Stock Exchange (JSE)
Trade on the $900 billion exchange did not start until 0800 GMT, rather than the usual opening time of 0700 GMT. Investors shrugged off the delay, however, with the benchmark Top-40 index
The JSE said in a statement that the error was "related to a JSE database" and not the two-year-old Millennium Exchange trading platform that it had promised would put an end to its stability problems.
The bourse moved to the Millennium platform, which is developed by a unit of the London Stock Exchange Group
The glitches have been an embarrassment for the JSE, which is looking to court more overseas investors and market itself as a gateway to Africa's growing capital markets.
In 2011 trade was halted for more than 30 minutes due to network problems. A similar issue stopped trade for more than six hours in 2010.
The JSE's shares were flat at 92 rand at 1216 GMT on Wednesday.
(Reporting by David Dolan; Editing by Stella Mapenzauswa and Pravin Char)
((david.dolan@thomsonreuters.com)(+27 11 775 3150)(Reuters Messaging: david.dolan@thomsonreuters.com@reuters.net))
Keywords: SAFRICA BOURSE/




















