Hong Kong brokers go live with proprietary AMS/3 systems

But not all of the members in the pilot group are confident enough to proceed.

Elton Cane

November 09, 2000

The Stock Exchange of Hong Kong (SEHK) comes one step closer to straight-through processing of online trades on Friday 10 November as 33 brokers begin using their broker supplied systems (BSS) on SEHK’s third generation Automatic Order Matching and Execution System (AMS/3).

But eight of the 41 brokers from the pilot group that have spent months testing and retesting their systems, are still not confident enough to join this first batch.

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