According to an earlier decision, the target date to start trading TSE listed securities in HEX's system was set for January 28, 2002.
The new launch date has been set to give member firms additional time to enhance and test their technical readiness for the implementation of the new system. "Implementation of the new system together with introducing euro as the trading currency is a complex project, requiring more preparation than was earlier estimated. We want to be convinced that the launch will be smooth and surprise-free for everyone and investors can rely on high-quality service by their brokers from day one," TSE's CEO Gert Tiivas said.
Implementation of the new system together with introducing euro as the trading currency is a complex project, requiring more preparation than was earlier estimated
HEX is a growing, international company that operates the national securities and derivatives exchange and central securities depository in Finland. HEX is the strategic shareholder of Tallinn Stock Exchange.
