November 21, 2011 in: Capital Market, IT Systems

ShenZhen Stock Exchange (SZSE) recently announced the launch of the construction of its new version trading system at the 10-year anniversary celebration of its 4th version system.

Launched on November 12, 2001, the 4th version trading system was independently researched and developed by SZSE. In the past 10 years, the system has experienced the establishment of split share structure reform, SME Board, ChiNext, Zhongguancun Park Enterprises Stock Quotation System, and other major business innovation including ETFs, LOFs, margin trading securities lending in the process of rapid development of Shenzhen securities.

So far, the 4th version of the trading system has provided trading services for 1800 securities, 4700 sales networks and 100 million investors, with the actual peak amount of daily entrusted deals handled as high as 22.47 million, and a 10-year record for continuous safe operation.

The prospective 5th version of trading system aims at, on the one hand, building a scientific and sound structure with higher efficiency, larger capacity, better security, more expansibility and more flexible business adaptation, on the other hand constructing an integrated transaction platform capable of supporting multi-layer, multi-variety, multi-market. It is expected to be launched in 2015, by the time of which the new system’s speed of handling orders will reach more than 200 thousand deals per second.

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