September 6, 2019 / 1:50 AM / 16 days ago

HKEX chief says derivatives trading glitch caused by software bug

HONG KONG, Sept 6 (Reuters) - A derivatives trading glitch at bourse operator Hong Kong Exchanges and Clearing (HKEX) was caused by a software bug and was not due to human error, chief executive Charles Li said on Friday.

Li was speaking a day after HKEX suspended trading in its derivatives market for the afternoon and after-hours sessions “due to prolonged connectivity issues on the Hong Kong Futures Automatic Trading System”.

Reporting By Alun John, Noah Sin and Donny Kwok, Writing by Anne Marie Roantree; Editing by Sam Holmes

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