HKEx Speeds Up Closing Prices
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 the
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