Hong Kong Exchanges and Clearing Limited (HKEx) has appointed Ove Arup & Partners Hong Kong Ltd., an independent certified electrical and mechanical consultant, to examine the failure of the UPS (Uninterrupted Power Supply) system that caused the trading interruption in the derivatives market on Tuesday, 28 May. The consultant will start work tomorrow (Friday, 31 May) and HKEx expects to receive a report in about two weeks.
Ove Arup & Partners' work will comprise: