HoSE to launch KRX trading system on May 2
(VOVWORLD) -Preparations are underway to switch to the new KRX trading system set to begin on May 2, said the Ho Chi Minh City Stock Exchange (HoSE).
 An investor observes stock movements at the headquarters of HoSE in HCM City. (Photo: VNA/VNS) |
KRX is an information technology system that manages and operates securities trading in the stock market. HoSE signed a technology transfer agreement with the Korea Exchange (KRX) in 2012 to develop the KRX system.
The KRX system’s operation is expected to bring about significant changes in the operation of the market, such as intraday trading (T+0), short selling, shortened settlement time and option contracts.