Is the core of stock trading disturbed?

According to Tejarat News, Ruhollah Dehghan, CEO of Tehran Stock Exchange Technology Management Company, regarding the recent problems of the central deposit system regarding the non-updating of the shareholders’ portfolio, stated: Trading system And the brokerage system There is an interface system through which the transaction information and the portfolio of individuals are fetched and provided to the brokerages after the completion of transactions.

“In the last few days, the interface system has failed and has not been able to fully fetch the asset files,” he said. In other words, the system has not been able to fully retrieve information about individuals ‘assets from the post-transaction system (where individuals’ assets are fully retained) and provide them to brokerages. So it took a day to fix the problem and get the information to the people.

The CEO of Tehran Stock Exchange Technology Management Company, in response to the question, who should deal with this problem if the deposit system is disrupted? And this problem has nothing to do with the main trading system and the Tehran Stock Exchange Technology Management Company.

Regarding the measures taken to upgrade the central depository system, Dehghan said: “Since 1992, the hardware infrastructure of the depository system has changed three times and purchased hardware that has been more efficient.” Many measures have been taken in the field of software updates.

“Software development and updating is an ongoing process and is always done in-system by in-house experts,” he said.

Source: Reporters Club

Read the latest stock market news on the Trade News website.