Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HKEx Releases The Independent Consultant's Findings And Recommendations On The UPS Failure Incident

Date 26/06/2002

Hong Kong Exchanges and Clearing Limited (HKEx) submitted today (Wednesday) to the Legislative Council a report regarding the failure of the UPS (Uninterruptible Power Supply) system that caused the trading interruption in the derivatives market on 28 May. The report contains the findings and recommendations of Ove Arup & Partners Hong Kong Ltd., an independent certified electrical and mechanical consultant appointed by HKEx to examine the UPS failure.