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SZSE Completes Test on Entire GEM Trading System
Shenzhen Stock Exchange (SZSE) and its members smoothly finished a test on entire Growth Enterprise Market (GEM) on October 28.
This test covered all the SZSE members, i.e. securities trading outlets nationwide. From 9:30 AM to 11:30 AM and 13:30 PM to 15:00 PM, SZSE had conducted the virtual trading of 60 GEM shares. And all the members saw prospective effect on quotation receiving, display, the operation of market analyzing software, trusting and OTC (over-the-counter) trading.
Besides, technicians from SZSE tested on new shares listing, including fixed price, competitive price listing and share allotting.
This whole trading system test was arranged by caretakers from China Securities Regulatory Commission (CSRC) with attention and support from its local regulatory offices and accredited outlets.
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