Date: February 16, 2011
Source: Economic Daily
By Liu Ming

　　Shanghai Futures Exchange (SHFE) officially opened a disaster recovery center in Beijing last Friday. China Securities Regulatory Commission deputy chairman Gui Minjie and assistant chairman Jiang Yang attended the opening ceremony. It is learned that SHFE carried out a synchronized test run of the trading system in the August of last year, and took the first switch drills three months later, with all the SHFE members participating in the test. Results showed that it took less than 10 minutes for the system being switched from Shanghai to Beijing, and the system can do as many as 70 million orders during each trading day, about 12,000 orders per second, which is almost the same as that of the centers at Shanghai, much better than the design goal. The opening of the Beijing center shows that the data processing capacity and market informatization of SHFE has been fully upgraded.