Taiwan’s new trading system triples capacity

The Taiwan Stock Exchange has fully implemented its second generation automated securities trading system.

The Taiwan Stock Exchange (TWSE) has implemented its second generation FAST (Fully Automated Securities Trading) system, which replaces all existing trading platforms.

The new system increases the exchange’s daily trading capacity by three times from its existing 6.5 million transactions, to 20 million transactions.

FAST will reduce latency from 50 milliseconds to less than 3 milliseconds.

All listed products and securities have been transferred to the new system.

The exchange said that it improves the capability of the Taiwan capital markets in preparation for the adoption of continuous trading in 2015.