FAILURE PROMPTS HKEX INTO SYSTEM REVIEW

PUBLISHED : Friday, 31 January, 2003, 12:00am
UPDATED : Friday, 31 January, 2003, 12:00am

Hong Kong Exchanges and Clearing (HKEx) will consider installing new software after a nine-minute interruption to the Hong Kong Automated Trading System on Tuesday. In a report yesterday, the Securities and Futures Commission said the cause was related to a software defect in handling a complex combination of orders. System vendor OM Technology was preparing new software.