SSE holds online press meeting on Everbright case
Updated: 2013-08-26 14:26
(cntv.cn)
|
|||||||||
China is set to strengthen its trading error supervision and risk prevention mechanism in its stock market.
At an online press conference held Sunday on the Twitter-like social network Sina Weibo, the Shanghai Stock Exchange said China needs effective risk prevention methods to detect and stop erroneous trading before transactions are completed.
The Exchange made the response after a computer system malfunction was identified as the cause of Everbright Security's "fat finger trade" incident earlier this month. The notorious error caused the Shanghai Composite Index to jump 5.6 percent in a matter of seconds on Aug 16.
China's top securities regulator said on Friday that an investigation into the case had been completed, with a final decision to be released soon.
Most Viewed
Editor's Picks
Righting the wrongs of patent rights |
Universities seek more enrollment from abroad |
Public opposition defuses nuke plans |
New study reveals corruption pattern |
Wild Africa: The new attraction to Chinese tourists |
Graduates hope to bust graft |
Today's Top News
Trending news across China
Newly born panda cub at Washington zoo doing fine
Market regulators need to fix loopholes
Singapore PM aims to cement relations
Experts call for details on rumor cases
Joint sea drill shows improved relations
Bo insists he did not abuse power
UN to probe alleged chemical attack
US Weekly
Geared to go |
The place to be |