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HKFE Completes 4 September HKATS Test

Market Operations
04 Sep 1999

The Hong Kong Futures Exchange (HKFE) announced that today's simulated trading test of its HKATS electronic trading system has been completed.

The test comprised four 30-minute sessions. Each session was designed to confirm HKATS' performance at 3-times historical peak trade activity.

The test results will be analysed by the Exchange and its independent consultant, PricewaterhouseCoopers (PWC). PWC will also analyse Members' test evaluations. Members and the SFC will be fully advised of all the findings as soon as possible.

The Hong Kong Futures Exchange is a leading futures and options marketplace in the Asia Pacific Region, with a membership of over 130 companies, including a number of major international institutions. The Exchange is actively diversifying its product base, which now includes currency, interest rate and equity-based products.

For further enquiries, please contact HKFE Corporate Communications: Mr. Mark Tung on 2842 9448 or Miss Chiu Yeung on 2842 9322.

Updated 04 Sep 1999