Hong Kong Stock Exchange closes traditional trading and turns into digital

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Hong Kong Stock Exchange closes traditional trading and turns into digital

the source:

• Hong Kong -

Date:28 October 2017

Hong Kong Stock Exchange

 

The offices of brokers in the Hong Kong Stock Exchange (HSE) trading hall were closed yesterday, and several landlines and old printers were available. The trading room was closed after 31 years of operation.

As of next week, trading on the Hong Kong Stock Exchange will be limited to digital trades, with traditional trading in Asia's third-largest stock exchange.

Although the move by the Hong Kong Stock Exchange follows similar moves from the Singapore and Tokyo bourses, former dealers are still sad and are following a special ceremony to end the traditional trading floor.

"Shanboy Yan," which is a stock broker, wears its traditional red jacket and holds the figure 2800, said: "Working out of the trading room is a great job because you can see a large number of people. There are more than 1000 (people) in the lounge .. Trading is a very exciting process. You can not find another place like him. "