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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Open auction call extension

Open auction call extension

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41Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:05 am

No


Senior Equity Analytic
Senior Equity Analytic
CSE having harware from PCH,( someone mention this in forum chat)Laughing

42Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:11 am

Monster


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
CSE IT team should be more responsible than this. May be they are testing their new system in the production environment. :DWe handle larger transaction than CSE. But never faced such issue.

43Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:19 am

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
They should not disable only mismatching accounts, instead they should verify 100% of transactions. It will take time. they are lucky tomorow is weekend, so have enough time.

probable scenario is one side of transaction has not completed. half way of the processing, database server stopped without rolling back, or in a group of programs which should run together, some have run and others not.

44Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:27 am

godswen


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hope it will be up and running in no time!

45Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:44 am

Deva


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@malanp wrote:

probable scenario is one side of transaction has not completed. half way of the processing, database server stopped without rolling back, or in a group of programs which should run together, some have run and others not.

These things doesn't occur if proper recovery options have been adopted. Technology is much ahead of us.
You could have mirrored servers, mirrored hard disks, advanced RDBM systems, and what not.
With all these, if you have robust software you can always have systems running with Zero downtime.
Thousands of systems are run all over the world with on-line trading having minimum downtime.

46Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:51 am

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
We faced similar problem in brokers database few months ago. No one detected until I complained about unusually high portfolio.
Within 1 day we 'lost' few millions after they corrected it by matching CDS database.

Suspected reason was similar to malanp's explanation. Some numbers we sold not deducted in the balance.

47Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:56 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
batch run failures which probably happened here. It's very common in the banks where the branch staff don't follow rules.

Part filled orders and cancellation

48Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 11:59 am

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
any news on market restart. they must update clients at least every 30 minutes or 1 hour.

49Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:03 pm

chap


Senior Equity Analytic
Senior Equity Analytic
pre open

50Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:07 pm

hawklk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hope this is not a cover story to manipulate certain accounts.

System failure is a good cover story to do manipulation.

51Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:10 pm

roshan1039


Moderator
Moderator
trading commences at 1230

52Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:13 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Will it active till 5.30..............lo Day & night

53Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:15 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
mala haththilauwwai ne ban.....

losing confidence.... on the records of CSE!
Sad

54Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:17 pm

yaka

yaka
Manager - Equity Analytics
Manager - Equity Analytics
is this a confirm news?trading start @ 12.30??

55Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:20 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
ow now it is "PRE-OPEN" Smile

56Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:25 pm

No


Senior Equity Analytic
Senior Equity Analytic
SEC should have released a official statement to the public.When will market close?

57Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:30 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
no no CSE should announce either next time of
1. IT fail to occur
2. close time Twisted Evil

58Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:31 pm

yaka

yaka
Manager - Equity Analytics
Manager - Equity Analytics
people just tell something without knowing.very bad...it didnt start 12.30.it proves the imortant of th sources as well.

59Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:32 pm

blackcats


Equity Analytic
Equity Analytic
Not yet started Evil or Very MadEvil or Very MadEvil or Very MadEvil or Very Mad

60Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:33 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
next IT faliure of CSE! was happened @12.29.59pm...
wait for next announcement!!!

61Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:33 pm

chap


Senior Equity Analytic
Senior Equity Analytic
ko thama na ne..Rolling Eyes

62Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:34 pm

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@roshan1039 wrote:trading commences at 1230

12.30 come and gone

but no market

63Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:35 pm

blackcats


Equity Analytic
Equity Analytic
@yaka wrote:people just tell something without knowing.very bad...it didnt start 12.30.it proves the imortant of th sources as well.

Open auction call extension  - Page 3 Aaa11

64Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:36 pm

KDDND

KDDND
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@yaka wrote:people just tell something without knowing.very bad...it didnt start 12.30.it proves the imortant of th sources as well.

no no u misunderstood... CSE announce it to start @12.30 but so fail....!!!
thats the correct as I KNOW!

65Open auction call extension  - Page 3 Empty Re: Open auction call extension Fri Jun 28, 2013 12:36 pm

malanp


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
you guys did not get the message properly,

market will start 12.30 on monday

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