Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Launch Of SAXESS 2.0 And Full-scale Test Postponed

Date 26/04/2000

The launch of version 2.0 of SAXESS has been postponed to 13 June 2000 and the full-scale test will be conducted on 13 May 2000.

At a meeting with OMT about the acceptance test the exchanges accepted the delivery of SAXESS 2.0. A total of 10 errors, which do not affect the decentralised applications, remain. Eight errors will be transferred to version 2.1, which is delivered for testing in June.

It has not been possible to establish the required lines to a number of the foreign members connected to the Stockholm exchange in time. Consequently, the launch of SAXESS 2.0 has been postponed from 15 May to Tuesday 13 June 2000. ,p> The certification test is conducted from 10 to 28 April 2000.

On the basis of the new launch date a full-scale test will be conducted on 13 May - and 27 May 2000, if necessary.

In order to make the test environment as close to reality as possible the new equity functionality will be closed in the test environment from 5 May 2000 to one week after the launch of the system.