Qatar Stock Exchange announces the transition to the new trading system (Millennium) starting Thursday, June 8, 2023

The Qatar Stock Exchange announced that the transition to the new trading system / (Millennium) will take place on Thursday, June 8, 2023.
The transition timetable will be as follows:
Wednesday, June 7, 2023
After closing the market and completing the usual daily activities and tasks (four o’clock in the afternoon), the current communication networks and systems in the stock exchange will be unavailable to the brokerage firms so that the transition processes to the new trading system can begin. Brokerage firms and data providers must transfer the trading systems, post-trade and all the respective systems for each of them (web service, equator link, oracle, etc.) to be compatible and integrated with the new trading system (Millennium).
In addition to the above, brokerage firms must conduct the following actions:
•    The exchange will cancel all open UTP orders after the end of trading on June 7, 2023. Brokers must cancel any remaining orders in their systems.
•    Ensure that the systems settings of the brokerage system are connected to the new trading system (this includes - Ports - IP address, username and password).
•    Preserving a copy of the communication settings and order systems compatible with the current trading system UTP in the event of applying the plan to return to the UTP system (UTP - ROLL BACK)
Thursday, June 8, 2023
•    The new trading system (Millennium) will be used.
•    Brokerage firms should send a confirmation message to the Qatar Stock Exchange (before opening) that communication with the new trading system has been successfully completed for all systems.
•    Trading periods will be the same without change.
•    Responsibility for re-entering canceled orders rests with the brokerage firms.

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