Hong Kong Exchanges and Clearing last week rolled out a software upgrade that reduces the time taken to calculate and distribute closing prices for HKEx-listed securities, officials confirm.
The change, which became effective last Monday, Jan. 15, has allowed the exchange to reduce the time required from four minutes to one minute after the 4pm market close. The exchange initiated the move last month to make closing price distribution more timely and efficient.
Rather than automatically taking
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails