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Where to send ATS 7 related problems?

+3
thighrokker
Roboticfx
hunter
7 posters

Go down  Message [Page 1 of 1]

1Where to send ATS 7 related problems? Empty Where to send ATS 7 related problems? Tue Feb 28, 2012 10:13 am

hunter

hunter
Moderator
Moderator

Lot of us are facing issues related to the new Automated Trading System (ATS) version 7.
We should address these with the relevant authorities.

Pls have a look at the Vision and Mission of SEC.

Vision: “To become the benchmark regulator in South Asia for effective, efficient and proactive capital market regulation”
Mission: “To promote, develop and maintain a capital market that is fair, efficient, orderly and transparent”


Therefore, as some of you have pointed out earlier, SEC - regulator, is the one we need to talk to.

I saw some contact details (apparently) relevant to our matter in their web site. Below mentioned are only few of them. Suggest we all forward our 'grievances'/'suggestions' towards them.
(Shall we bombard them with our email complains?) Question

Contact details:

http://www.sec.gov.lk/?page_id=1434&lang=en

Address: Level 28 and 29,
East Tower,
World Trade Centre,
Echelon Square,
Colombo 01,
Sri Lanka.
Telephone: +94 11 2331013 – 6
+94 11 2439144 – 8
Fax: +94 11 2439149
Email: mail@sec.gov.lk

Name: Mr.Dhammika Perera
Designation: Director-Investigations
Address: Level 28, East Tower
World Trade Center
Echelon Square
Colombo 1
Sri Lanka
Telephone: 94-011-2345327
Email: dhammika@sec.gov.lk

Name: Mr. Chandu Epitawala
Designation: Director -Surveillance
Address: Level 28, East Tower
World Trade Center
Echelon Square
Colombo 1
Sri Lanka
Telephone: 94-011-2345328
Email: chandu@sec.gov.lk

Name: Mr. Vajira Wijegunawardene
Designation: Director -Capital Market Development and Research
Address: Level 28, East Tower
World Trade Center
Echelon Square
Colombo 1
Sri Lanka
Telephone: 94-011- 2473783
Email: vajira@sec.gov.lk

Name: Mr Namal Kamalgoda
Designation: Director-Supervision
Address: Level 28, East Tower
World Trade Center
Echelon Square
Colombo 1
Sri Lanka
Telephone: 94-011- 2473781
Email: namal@sec.gov.lk

Name: Mr. Tushara Jayaratne
Designation: Asst. Director-External Relations and Market Development
Address: Level 28, East Tower
World Trade Center
Echelon Square
Colombo 1
Sri Lanka
Telephone: 94-011-2439144-8
Email: tushara@sec.gov.lk

2Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:19 am

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

But this system has been introduced and implemented by CSE! E-mail
received from SEC!

3Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:27 am

hunter

hunter
Moderator
Moderator

Roboticfx wrote:But this system has been introduced and implemented by CSE! E-mail
received from SEC!

What is that email, can U share with us?

4Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:30 am

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Tushara Jayaratne Tushara@sec.gov.lk
9:56 AM (33 minutes ago)

to me
Dear ...........

Thank you for the mail. The system was introduced and implemented by the Colombo Stock Exchange (CSE). I will forward your mail to them.

Thanks and Regards

Tushara Jayaratne
Assistant Director – External Relations and Market Development
Securities and Exchange Commission of Sri Lanka
Level 28, East Tower
World Trade Centre
Echelon Square
Colombo 01

Tel: 94 11 2439144, 2331013 ext 158
Fax 94 11 2439149, 2346940
E mail; tushara@sec.gov.lk

5Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:41 am

thighrokker


Manager - Equity Analytics
Manager - Equity Analytics

Its ball pass theory

The ATS story goes as follows

Investors complain to SEC
SEC says - The system was introduced and implemented by CSE
CSE says - It was made by Software company
Software Company says - It was made by programmer
Programmer says - His wife was ill
Wife says - I had stomach ache, bad Kotthu rotty
Kotthu Bass says - the eggs were bad
Hen says - It was the Cocks fault
Cock says - .....

6Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:57 am

aj


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

nice one thighrokker.

Also write to newspapers, websites, forums with evidence with numbers like you wanted to sell 1000 somebody bought 10 shares and you had to pay instead of getting any money etc. I've seen Sunday Times talk about citizens' issues better than others.

7Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 10:59 am

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Cock says : It's my master's fault
Farmer says:The fault with the food seller
Then he says: Problem with the supplier
Supplier says:Food company should take the responsible
Then they say:Bad chemicals. go to that company.
Then it say:Wrong reaction has happened automatically. Fault with elements.
Then:???????earth??

8Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 11:05 am

hunter

hunter
Moderator
Moderator

Nope.

The company says; problem is with its shareholders.

That means ..

us!!

lol! lol! lol!

9Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 11:12 am

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

thighrokker wrote:Its ball pass theory

The ATS story goes as follows

Investors complain to SEC
SEC says - The system was introduced and implemented by CSE
CSE says - It was made by Software company
Software Company says - It was made by programmer
Programmer says - His wife was ill
Wife says - I had stomach ache, bad Kotthu rotty
Kotthu Bass says - the eggs were bad
Hen says - It was the Cocks fault
Cock says - .....

Cock says-Hen did not corporate well

10Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 11:16 am

thighrokker


Manager - Equity Analytics
Manager - Equity Analytics

Company performance, Speculation, Insider dealing, Manipulation and Bull/Cow/Bear/Donkey aside, ppl are just too Damn scared to buy or sell shares now - thanks to SEC/CSE/Programmer/Cock/Farmer and Us

I think its a major accomplishment - bringing down the country's capital market so completely and utterly, in so short a time span.
Way to go!!!

11Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 11:18 am

hunter

hunter
Moderator
Moderator

As I see, one of the following will solve the issue; Just any one of them.
We need to fight for it.

1. Revert back to previous ATS version
OR
2. Separate odd lot from normal lot
OR
3. Do away with minimum commission fee (I prefer this)
OR
4. Support minimum order fill in trading software

There could be other options as well.

So either SEC, CSE or the broker can solve our problem.
Just one of them.

12Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Tue Feb 28, 2012 11:43 am

Leo

Leo
Manager - Equity Analytics
Manager - Equity Analytics

Get together and lets make a voice

13Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Wed Feb 29, 2012 11:38 pm

seyon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

thighrokker wrote:Its ball pass theory

The ATS story goes as follows

Investors complain to SEC
SEC says - The system was introduced and implemented by CSE
CSE says - It was made by Software company
Software Company says - It was made by programmer
Programmer says - His wife was ill
Wife says - I had stomach ache, bad Kotthu rotty
Kotthu Bass says - the eggs were bad
Hen says - It was the Cocks fault
Cock says - .....

Very Happy

14Where to send ATS 7 related problems? Empty Re: Where to send ATS 7 related problems? Thu Mar 01, 2012 6:55 pm

hunter

hunter
Moderator
Moderator

http://forum.srilankaequity.com/t16516-directfn-minimum-order-fill-two-weeks#108031

Hope they will meet the said target time.

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