This morning, May 5, HOSE started applying the new trading system.

According to the announcement from the Ho Chi Minh City Stock Exchange (HOSE), this morning, May 5, the new information technology system will be officially applied. Securities companies announced that they are ready for this new trading system. The conversion, upgrading and connection of securities companies with HOSE on the new trading system will be carried out during the April 30 - May 1 holiday and completed on May 4.

This morning, May 5, HOSE put into use a new trading system.

PHOTO: NHAT THINH

For example, SSI Securities Corporation announced that it has successfully converted to a new information technology system. SSI's online trading platforms have been upgraded to a new version with changes corresponding to the HOSE trading system. In particular, the pre-order feature will be available from 7:30 a.m.

ACB Securities Company said that the maintenance and conversion of the trading system has been completed. From May 4, the trading system has returned to normal operation. Similarly, Bao Viet Securities Company said that the new system has been successfully converted and will officially operate the first trading session on May 5. The company has also completed the process of upgrading and converting the new Core system as well as checking and comparing customer data to ensure completeness, successful connection to the new system, ready for customer transactions...

Thus, after nearly 13 years of implementation, the new information technology system at HOSE has been officially put into operation. The application of the new information technology system will bring about a series of changes in the market operation mechanism, including the way to process ATO and ATC orders in periodic order matching sessions, modify and cancel orders, negotiated transactions, buying and selling of odd shares and especially transactions of foreign investors as well as restricted securities...

KRX is an information technology system for managing and operating transactions on the stock market, signed by HOSE with the Korea Stock Exchange (KRX). This system not only replaces the current technology, but also integrates with the functions at the Stock Exchanges and the Vietnam Securities Depository and Clearing Corporation, creating a unified, consistent platform. With the ability to integrate multiple markets (stock, bond, derivatives markets) into one platform, flexibly connecting between entities, and adding modern market monitoring functions, this system creates development space for many new types of products and services in the future.

The operation of the new technology system will help improve processing capacity and liquidity in the market and create the premise for deploying new products such as intraday trading (T+0), short selling, new derivative products...

Source: https://thanhnien.vn/sang-nay-55-hose-bat-dau-ap-dung-he-thong-giao-dich-moi-185250505075556407.htm