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Different systems blamed for recent errors at securities companies - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: July, 09/2021 - 08:58 |   Investors at a trading floor of SSI Securities Co. SSI said that from the beginning of the afternoon session on Wednesday, the system was fixed.  VNA/VNS Photo HÀ NỘI Recent errors during trading at some securities companies were due to their different technology systems, said Lê Hải Trà, General Director of Hồ Chí Minh City Stock Exchange (HoSE). “HoSE and FPT are closely monitoring the situation to support securities companies to overcome internal errors as soon as possible,” he said. A series of securities companies have encountered errors since Monday when the new transaction system for the HoSE was officially launched.

New trading system in place this year: HoSE - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: April, 03/2021 - 08:59 |   Two investors look at stock prices on a laptop in HCM City. Photo courtesy of Vietnambiz.vn HÀ NỘI  The new information technology system for the entire stock market, known as KRX, is expected to be put into operation this year, according to the Hồ Chí Minh Stock Exchange (HoSE). The move aims to tackle system overloads which have troubled investors recently. The implementation of KRX project was delayed last year due to the COVID-19 pandemic. HOSE would use all available resources to accelerate the implementation of the project this year, it said. The new system is set up by HoSE with support from the South Korea Exchange, meeting the requirements for Việt Nam’s stock trading, including market information, market surveillance, clearing, settlement and depository and registration.

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