BRIEF TRANSMISSIONS

BRIEF TRANSMISSIONS

The Stock Exchange of Hong Kong (SEHK) announced that it has implemented a series of fixes designed to prevent repetition of a computer error that generated a false market crash at the opening of the exchange's December 12 trading session. The software bug resulted in incorrect previous-day closing stock prices incorporated within the benchmark Hang Seng Index, and price data that showed the index falsely falling precipitously. The mistake was caught and fixed before the market opened for

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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