BTS Can’t Display VWAP
Filed Under (Bursa News) by Webmaster on 11-01-2009
Tagged Under : bts, system suspended, VWAP
Almost One month after the implementation of Broker Trade Securities (BTS) system, we found two problems with the BTS system based on the feedback from some Remisiers and Brokers.
We found that BTS cannot display VWAP (“Volume Weighted Average Price“). Bursa has to email the VWAP list every morning to Stockbrokers. This is way to manual as compare to the old system where Stockbrokers and Dealer’s Representative can find out the VWAP directly from the BFE.
The other is that there were few days when the afternoon session to compute the theoritical opening price was halted due to system problem.
Bursa issued a circular informing Stockbrokers that they hope the second problem as stated above to resolve by February 2009 but no mention of when the VWAP can be viewed directly from the BTS.
