It was in June 2001, seven months after the launch of AMS / 3 Hong Kong Exchange and Clearing (HKEx). The development of AMS / 3, the third generation of the electronic trading system of Hong Kong Stock Exchange, was the largest project undertaken by HKEx to date. It was designed as a tool for HKEx to compete with other established and technologically advanced securities exchanges. Despite the size and complexity of the project, AMS / 3 was launched on schedule. Now the problem HKEx to develop a strategy to guide HKEx to becoming a global exchange with the right products and the right strategic partners, and to create a sustainable competitive advantage in the anchor position of Hong Kong as one of the most important financial centers in the world. This is a matter of strategic management of the stock exchanges. "Hide
by Ali F. Farhoomand, Eva YH Kwan, Pauline Ng Source: University of Hong Kong, 29 pages. Publication Date: January 3, 2002. Prod. #: HKU176-PDF-ENG
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