exchange suffers second disruption, with roll-over delay

Trading in index futures was disrupted again yesterday, for the second time in two weeks.

Some market participants said there were 'several minutes' delay in the roll-over of futures contracts.

The incident was not serious but some traders noted the disruption came just a day before the expiry of the October futures contract.

A spokesman for Hong Kong Exchanges and Clearing was not available for comment yesterday.

On October 12, the private network that links the broker terminals with the exchange's automatic order matching and execution system was disrupted for eight minutes, resulting in 168 brokers - or about 25 per cent of market participants - being unable to execute their trades.