China’s biggest stock market by volume has introduced technology upgrades that bring it closer in line with its international counterparts.
The Shenzhen Stock Exchange now has an order-matching engine with a response time of 1.1 milliseconds, one-hundredth of the previous system, while order processing capacity was tripled to 300,000 trades a second. Accompanying the upgrade is a new data center equipped with 5,000 server cabinets for co-location, allowing brokers to place their servers in the same spot as the exchange’s machines.