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SZSE, PSX sign agreement on tech export Tue.

November 26, 2019


Abstract : Shenzhen Stock Exchange (SZSE) Tuesday signed an agreement in Shenzhen, south China, with the Pakistan Stock Exchange (PSX) on upgrading the PSX Trading and Surveillance Systems.

BEIJING, Nov. 26 (Xinhua) – Shenzhen Stock Exchange (SZSE) Tuesday signed an agreement in Shenzhen, south China, with the Pakistan Stock Exchange (PSX) on upgrading the PSX Trading and Surveillance Systems.

It represents a breakthrough made in technological cooperation between emerging markets, and it is also the first time for SZSE to win out over the world's top-level securities trading system suppliers on the international market, making history with the export of China-developed securities trading system.

According to the agreement, SZSE will upgrade the present trading system of the PSX and build for the latter market surveillance systems on basis of its self-developed new generation of trading and surveillance system.

Previously in January 2017, SZSE, as a core member of a Chinese consortium, acquired stakes in the PSX.

A technological system is the "life line" of a stock exchange and after nearly three decades of independent R&D, SZSE has profound technology reserves in such core areas as transaction, surveillance, information disclosure, and financial cloud and keeps a record of safe operation for 17 consecutive years. (Edited by Duan Jing, duanjing@xinhua.org)

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Keyword: SZSE agreement PSX

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