I-ACCESS INVESTORS LIMITED 一通投資者有限公司
SFAT affirms SFC decision to fine I-Access Investors Ltd HK$600k over breach of the Code of Conduct
| SFAT Decision
SFC, 14-Mar-2023
Over a long Easter and Ching Ming 2015 weekend and without forewarning, on Easter Monday, HKEX sent out random stock data as part of a system test, and I-Access, which had not disconnected its feed, took the data and triggered stop-loss orders when the market reopened on the Wednesday. Incidentally, 2 data providers, Bloomberg and AA Stocks, also took the bad data.
SFC, 14-Mar-2023
Over a long Easter and Ching Ming 2015 weekend and without forewarning, on Easter Monday, HKEX sent out random stock data as part of a system test, and I-Access, which had not disconnected its feed, took the data and triggered stop-loss orders when the market reopened on the Wednesday. Incidentally, 2 data providers, Bloomberg and AA Stocks, also took the bad data.
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