Business Times

CSE plans upgrade in early Feb

The Colombo Stock Exchange (CSE) which was to go online with its Automated Trading System (ATS) upgrade with ATS Version 7 on Friday postponed it amidst some resistance from the stock brokers, CSE sources said.

“This has to be done as the hardware in our system is outdated. We cannot afford another system crash like last year," a CSE source said, adding that last year on 19 September the system went out of control and was not reflecting the actual prices of some shares after it started functioning.

He said that on Tuesday, all CEOs of broking firms met with CSE CEO, Surekha Sellahewa on the ATS upgrade. Here brokers complained that this new ATS version doesn’t have many features which are in the present version and that it’s not user friendly. “The new system is cumbersome. When placing an order the customer ID isn’t easily accessible and when cancelling orders it is difficult, unlike in the current system,” a broker told the Business Times.

The source said that the CSE plans to incorporate some of the features that the brokers suggested and is trying to upgrade within two to three weeks.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
Other Business Times Articles
Revival of acquired Celestial Residencies turns into a mess
Tourism ends 2011 on high note at nearly US$850 mln forex
Failed attempt to revive pension scheme plan
Singapore firm makes strategic investment in SL's Deccan Aviation
CSE plans upgrade in early Feb
Navara Capital consortium seals MBSL Savings Bank deal
Union Bank eyes East Asia for new funds
Discussing profits or health of the economy?
Comment - Treasury and Central Bank must work together, avoid conflicts
Managing employer - employee relations in a competitive business environment
CB to target inflation broadly and introduce nice, crisp notes
Sri Lankan reforms and growth would overcome financial constraints : Moody's
Hemachandra, new Director at Ceylinco Healthcare Services
ComBank expands ATM network to 500
Non-core investments by SLIC source of concern: Fitch
Hameedia looks to 2012 with greater zeal
Colombo University's business undergrads visit CSE
Experts question data and validity of poverty figures, economic growth
Devaluation helped Sri Lankan tea prices –broker Forbes says
RAM assigns 'BB-'/'NP' to Divasa Finance
Knowledge, innovation key to Access Business Excellence Award success
Seylan launches strategic plan with MTI assistance
Mobitel demonstrates mobile Augmented Reality at Infotel 2011!
Triumph of the pessimists?
Weaker outlook in key export markets, higher borrowings affect Hayleys
Tokyo Cement revenues to grow over short/medium term : RAM
All-new Kia Rio launched in Sri Lanka
Sri Lanka to export more value added tea to Russia
Newspaper recipe for yoghurt launched Sri Lanka’s ‘Lucky’ brand
Kurunegala entrepreneur promotes mushroom growing
Unimpressive opening week of 2012 at the bourse
ComBank Trust provides 6,000 more children with IT support
Sri Lanka to lose tariff advantage in spices from India market
Saaraketha was the official Food Designer at the recent Design Festival
Sri Lankan afforded opportunity to network with Asia’s future leaders
W.U. Seneviratne & Co. (Pvt) Ltd receives ISO certification
Tourism industry goes back in time with old Act
LOLC acquires Dikwella Resort, now has 626 rooms in total
Sri Lanka Tourism to launch customised promotions
Oman Air appoints new CEO
AirAsia launches direct daily flights to Colombo
Emirates off to a flying start in 2012
Developing Sri Lanka on the lines of Dubai
Inflation remained at single digit level in 2011:CB
Computer Society of Sri Lanka unveils strategy for 2012
Four electrical shops found selling fake KDK ceiling fans
Aitken Spence shipping chief graduates in top Oxford University programme
Citi Bank to pay $2.5 mln legal fees to CPC in oil hedge dispute
Strategic alliance between Brand Finance Lanka and Sunil Fernando Associates
HSBC sweeps major Asian Debt house awards
Fernando takes over at Commerce Dept. from Gomi Senadhira


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2012 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution