Wednesday January 24 2018
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
On 23rd January 2018, the Hong Kong Stock Exchange stated that its new trading system will be launched on the 5th February 2018. OTP-C will replace the AMS / 3.8 system and will become the platform for securities trades.
The new system will process trades quicker as it can handle 60,000 order flows per second which is double the amount being processed by the AMS system at present.
The OTP-C launch will mark the final phase of the Hong Kong securities market infrastructure’s transformation to support new business and meet capacity requirements in the next decade.
The programme began in 2012 and has included building a world-class data centre and networks, as well as upgrading the core trading infrastructure.
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