Brief: HKEx approves broker systems

Brief: HKEx approves broker systems

Hong Kong Exchanges and Clearing Limited (HKEx) has approved a fifth batch of Broker Supplied Systems (BSS) for AMS/3, its third generation automatic order matching and execution system.

Currently, 156 stock exchange participants are using BSS and HKEx expects more systems to be introduced in the next year.

BSS are trading facilities developed by stock exchange participants or vendors that enable participants to provide electronic trading services to investors through the Internet, mobile phones, and other electronic channels.

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