Hong Kong Exchanges and Clearing (HKEx) will be upgrading its current AMS/3.5 securities market trading system. The AMS/3.8 version will be introduced on December 5. The new solution will lower latency to 2 milliseconds on an average trading day.
Relative to the previous version, AMS/3.8 will improve the trading system’s processing capacity by about 10 times to 30,000 orders per second, which could be further increased to 150,000 orders per second. It will double the market data broadcast rate to 2,000 stock page updates per second and will display the 10 best price levels relative to the five best price levels available in AMS/3.5.
Click here for the release from Hong Kong Exchanges and Clearing.