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UPDATED: 08:04, August 10, 2004
Shanghai Stock Exchange applies new computer technique
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The technical staff of the Shanghai Stock Exchange has completed research on computer clusters used for index calculation, and the Exchange will soon apply formally for the device, said official sources.

The device can provide service about stock market index for a variety of demands such as real-time processing, calculation, keyword search and system management.

Using the Linux technology, the device is "highly reliable and cost-efficient," said official sources.

The device is also a result of cooperation between the Exchangeand the institute of computer under the Chinese Academy of Sciences.

Established in 1990, the Shanghai Stock Exchange is the first of its kind in China and provides the major composite index of thestock market.

Source: Xinhua

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