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Stock Exchange to Increase Maximum Number of Outstanding Orders Per Price Queue to 4,000 Orders

Market Operations
18 Nov 2005

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited, announces the increase of the maximum number of outstanding orders per price queue from 2,000 to 4,000 orders in AMS/3, the Third Generation of Automatic Order Matching and Execution System, effective Monday, 21 November. The increase is aimed at facilitating Exchange Participants' order input process.

The effective date of the increase is set after the successful completion of a post-release testing this weekend.

The maximum number of outstanding orders per price queue was increased from 1,000 to 2,000 orders on12 February 2001.

Updated 18 Nov 2005