Sri Lanka bourse disaster recovery test Friday, one hour trading halt
ECONOMYNEXT – The Colombo Stock Exchange (CSE) said trading will be halted for about an hour on Friday 25th November 2016 for a disaster recovery exercise.
The CSE said it will conduct a planned failover to the Disaster Recovery site during trading hours using Version 7 of the Automated Trading System (ATS) Disaster Recovery Solution on Friday.
“The exercise will be an industry-wide activity as part of the Business Continuity Plan of the CSE with the participation of all stakeholders, to ensure the preparedness of all stakeholders to meet the recovery needs of the industry in the event of a disaster situation,” a statement said.
The CSE said it is required to impose a market halt of about one hour from 11.30 a.m. to 12.30 p.m. to facilitate the planned failover of the ATS from the production site to the CSE Disaster Recovery site.
(COLOMBO, Nov 23, 2016)