NZX hires EY to review clearing system glitches

Wed, 22 Apr 2020

Stock exchange operator NZX said it has hired accounting firm EY to conduct an independent review of its technical problems over the last six trading days and is reviewing a range of hardware upgrades to increase processing throughput.It is also working with clearing system vendors to split certain functionality into different processing streams to improve throughput and engaging with software suppliers to market participants to optimise the interconnection between them and NZX's system and the registries to try to reduce system stress.The...

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