HK exchange counts down to hi-tech makeover

AMS/3 will be better late than never for Hong Kong''s brokers, who might have a further wait for advanced features.

The Hong Kong Stock Exchange SEHK has been eagerly awaiting the launch of the third version of its Automatic Order Matching and Execution System 3 AMS3, scheduled for the third quarter this year. But some analysts believe the system may now not only be delayed, it will offer only a few of its eventual features when it is first rolled out.

AMS3 is intended to help the exchange catch up technologically with Asia's other developed markets....

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