KRX to launch new trading system


The Korea Exchange (KRX) has upgraded its trading system, with the aim of starting operations on March 23. The upgrade, which involved aligning the trading, settlement and information distribution systems, establishes a more efficient platform for obtaining product information, says KRX.

Capacity will increase to 40 million quotes a day, twice the current volume, says Kim Jeong-woo, KRX's chief investment officer. Trade executions or latency time will decrease to less than 0.08 seconds per trans

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