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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Trading halted at CSE due to tech failure

Trading halted at CSE due to tech failure

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1Trading halted at CSE due to tech failure Empty Trading halted at CSE due to tech failure Mon Sep 19, 2011 10:59 am

Ajith Rajapakse


Equity Analytic
Equity Analytic
http://www.dailymirror.lk/news/13641-trading-halted-at-cse-due-to-tech-failure.html
Trading halted at CSE due to tech failure
Monday, 19 September 2011 10:53

Trading activities of the Colombo Stock Exchange (CSE) have been halted as the ATS system that facilitates trading is currently undergoing a technical failure, a CSE official said.

“The IT Department is currently working on it and we hope to restore the system shortly” the official said.

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Ajith Rajapakse wrote:http://www.dailymirror.lk/news/13641-trading-halted-at-cse-due-to-tech-failure.html
Trading halted at CSE due to tech failure
Monday, 19 September 2011 10:53

Trading activities of the Colombo Stock Exchange (CSE) have been halted as the ATS system that facilitates trading is currently undergoing a technical failure, a CSE official said.

“The IT Department is currently working on it and we hope to restore the system shortly” the official said.

Are you Blind....?


There is a thread on same topic just few post below...what the hell opening up new threads for same topic....!

MY MONEY

MY MONEY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
IT eke hitapu eunge ICE gahapu time eka ewarai lol!

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hello my money,
Wade harriyanne neha. thama gal welai inne. Api ekathuwela heater ekak yawamu ice diyakaraganna. Laughing

Ajith Rajapakse


Equity Analytic
Equity Analytic
Rio,
My intention was only to inform the rest of them to the latest information what I got from Daily Mirror breaking news, not to get credit from anyone.

6Trading halted at CSE due to tech failure Empty Get coool Mon Sep 19, 2011 11:21 am

tpr1983


Senior Equity Analytic
Senior Equity Analytic
hey just check on TV
mathews got 100

cheers

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@RIO wrote:
@Ajith Rajapakse wrote:http://www.dailymirror.lk/news/13641-trading-halted-at-cse-due-to-tech-failure.html
Trading halted at CSE due to tech failure
Monday, 19 September 2011 10:53

Trading activities of the Colombo Stock Exchange (CSE) have been halted as the ATS system that facilitates trading is currently undergoing a technical failure, a CSE official said.

“The IT Department is currently working on it and we hope to restore the system shortly” the official said.

Are you Blind....?


There is a thread on same topic just few post below...what the hell opening up new threads for same topic....!

What can do is move this thread to previous one by a moderator.. similar action can be done for other posts in future to prevent duplication

MY MONEY

MY MONEY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Roboticfx wrote:Hello my money,
Wade harriyanne neha. thama gal welai inne. Api ekathuwela heater ekak yawamu ice diyakaraganna. Laughing

untikage knowledge nethiwela ethi ice gahagena edalama, ekane thawama hadaganna beri

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics
@RIO wrote:
@Ajith Rajapakse wrote:http://www.dailymirror.lk/news/13641-trading-halted-at-cse-due-to-tech-failure.html
Trading halted at CSE due to tech failure
Monday, 19 September 2011 10:53

Trading activities of the Colombo Stock Exchange (CSE) have been halted as the ATS system that facilitates trading is currently undergoing a technical failure, a CSE official said.

“The IT Department is currently working on it and we hope to restore the system shortly” the official said.

Are you Blind....?


There is a thread on same topic just few post below...what the hell opening up new threads for same topic....!


Agree with you..
U see how many people now starting posting abt EAST/BLUE making us laugh..
If he did it mistankenly he should apologize gently..
I cant say you happy trading today...
But Good Luck

tsrimal


Stock Analytic
Stock Analytic
If such things happen [ Trading Haulted due to technical error], What will happen to the Credit clearance [ T+3] if the last date indicated as today[19-09-2011]
Experts acknowledge us with your views.


PGNN


Manager - Equity Analytics
Manager - Equity Analytics
@MY MONEY wrote:IT eke hitapu eunge ICE gahapu time eka ewarai lol!

Isn't there a DR (Disaster Recovery) Strategy. What could be the loss for the CSE? Any idea?

MY MONEY

MY MONEY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@PGNN wrote:
@MY MONEY wrote:IT eke hitapu eunge ICE gahapu time eka ewarai lol!

Isn't there a DR (Disaster Recovery) Strategy. What could be the loss for the CSE? Any idea?

i dont think so machan , and i think most probably problems remain same lol!

they should have a proper backup plan

PGNN


Manager - Equity Analytics
Manager - Equity Analytics
@MY MONEY wrote:
@PGNN wrote:
@MY MONEY wrote:IT eke hitapu eunge ICE gahapu time eka ewarai lol!

Isn't there a DR (Disaster Recovery) Strategy. What could be the loss for the CSE? Any idea?

i dont think so machan , and i think most probably problems remain same lol!

they should have a proper backup plan

It is the sad part of the story!
Places like CSE, where highly depended on technology should have timely and correctly invested on backup and recovery procedures. otherwise..... failures like this not a surprice
Does anyone have an idea of average income to the CSE per day?

pushpakumara


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Now it is time for them to give a deep thought on their systems and back up systems. Another failure of this nature in the future will not be in favour of CSE as it is in process of trying to win the confidence of investors and attract more investors in the future. Wish that they can achieve this without becoming "Colombo Stop Exchange "

NimeshaJK

NimeshaJK
Manager - Equity Analytics
Manager - Equity Analytics
looks like it's gonna be like this for the entire day.. just less than 1 hour remaining anyway.. Stock Market loss a whole day of trading.. what a shame.. Sad

http://njkentertainment.freeforums.org/index.php

PGNN


Manager - Equity Analytics
Manager - Equity Analytics
@pushpakumara wrote:Now it is time for them to give a deep thought on their systems and back up systems. Another failure of this nature in the future will not be in favour of CSE as it is in process of trying to win the confidence of investors and attract more investors in the future. Wish that they can achieve this without becoming "Colombo Stop Exchange "

I agree with U. But Poor investor (not manipulators) have no option other than CSE as long as they want to invest in stocks.

Either we need to live with the problem or we need to get out from CSE. I don't think small investors (like we) in a position to put a pressure or influence. Unless big players could do something for the investor community.

Antonym

Antonym
Vice President - Equity Analytics
Vice President - Equity Analytics
Remembering Warren Buffett...
"The real test of what you're doing is whether you care whether markets are open. When I buy a stock, I don't care whether they close the stock market tomorrow for a couple of years. I'm looking to the business to produce returns for me in the future from the business."

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