Approved by the Ministry of Finance and the State Securities Commission, Hochiminh Stock Exchange has received and ready to implement the substitute solution to respond to trading engine overloading from 5th July 2021.
From March 2021 to June 2021, Hochiminh Stock Exchange worked with FPT Corporation and other related parties to deploy and test the solution. Through the process of testing with security member companies, Vietnam Securities Depository, and Hanoi Stock Exchange, implementing data conversion, and performing information security assessment and safety inspection, the deployment is successfully completed and ready to start as planned. At the same time, related legal processes and procedures to facilitate the implementation of the solution have also been approved by the authorities.
The implementation of the substitute solution is expected to completely solve the recent system overloading at HOSE.