Thursday November 7 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Hong Kong Exchanges and Clearing Limited (HKEx) has announced the successful launch of NASDAQ OMX`s trading and clearing exchange technology platform, Genium INET, for HKEx`s derivatives market. The launch, which occurred in mid-October, was a full month-and-a-half ahead of the original planned roll-out schedule.
Amongst other things, the system upgrade multiplied the clearing and trading capacity, equipped the Hong Kong Futures Automatic Trading System (HKATS) with ultra-low-latency trade processing capability and improved Derivatives Clearing and Settlement System`s (DCASS) clearing processing by shortening batch running times.
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