China’s Shenzhen Stock Exchange has introduced technology upgrades that bring it closer in line with its international counterparts, Bloomberg reports. The exchange now has an order-matching engine with a response time of 1.1 milliseconds, one-hundredth of the previous system, while order processing capacity was tripled to 300,000 trades a second. Accompanying the upgrade is a new data center equipped with 5,000 server cabinets for co-location, allowing brokers to place their servers in the same spot as the exchange’s machines. The changes reflect the rapid development of China’s equity markets, which were only officially established in 1990. Shenzhen’s market is the biggest in China by trading volume, with average daily turnover of about $50 billion this year.
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