Monday October 28 2013
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
The trading and clearing systems for Hong Kong Exchanges and Clearing Limited`s (HKEx) derivatives market – HKATS (Hong Kong Futures Automatic Trading System) and DCASS (Derivatives Clearing and Settlement System) – have completed the stabilisation period that followed their upgrade earlier this month to Genium INET, a new technology platform that provides better performance and supports the further development of the market.
The upgrade multiplied the systems` clearing and trading capacity, equipped HKATS with ultra-low-latency trade processing capability and improved DCASS` clearing processing by shortening batch running times. In addition, there are new Central Gateways for Exchange and Clearing Participants to reduce the hardware footprint at Participants` premises and the associated network bandwidth requirements.
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