On the initiative of our clients and using their expert reviews, ARQA Technologies creates new products, which then become a part of the standard software product line offered by the company.
Specialized backQORT for Forex Dealers
The specialized version of backQORT for Forex Dealers as developed in collaboration with ‘VTB 24 Forex Company limited’ is applied to accounting FX Dealer operations, monitoring clients’ and own positions, downloading and application of variable margin, commission calculation and non-trade operation processing. All of the above is usually performed in conjunction with a front office system such as QUIK or any other. Another feature of the specialized version is generation of reports for clients and the regulator that conform to the regulatory criteria for such organizations.
Trading Central News Interface
This QUIK server module was developed to deliver technical analysis data and trading tips from TRADING CENTRAL (the partner in the project) for all principal financial instruments. The Trading Central News Interface monitors upcoming news and transmits them to the QUIK server which in turn delivers them to QUIK user terminals ‘news’ window.
QUIK SOR (Smart Order Routing)
In the last few years solutions for Smart Order Routing (SOR) became widely popular with participants of global financial markets while many brokers employ this technology as one of their preferred trading strategies. Following this trend as well as requests from QUIK platform users, ARQA Technologies developed the Automatic Order Routing Module QUIK SOR, for automation of broker operations at several trading venues in line with the principle of best execution.
QUIK Matching Engine (QME)
QME is the trading core for quick matching of broker client’s orders entered through QUIK. The QUIK Matching Engine Module may be used by brokers to set up electronic trading platforms and provide their clients with access to other instrument classes.
Autochartist Program Interface
This program interface integrates QUIK Workstation charts with services provided by Autochartist. The interface distinguishes such types of graphic models as chart patterns, Fibonacci curves and key levels. The client’s component of the interface has been integrated into QUIK Workstation since its 6.4 version.
Market Data Interface of TREP RT system (Thomson Reuters)
The interface of the QUIK broker system which was developed in partnership with Thomson Reuters delivers market data from the agency to user terminals. With the help of market data from Thomson Reuters and FIX-integration with an execution broker platform it is possible to build a fully functional trading solution.
OMS Manager Module (Otkritie Capital International Ltd.)
The developed module is designed to manage execution of clients’ orders by authorized traders and allows the broker to fully automate this process. The module functionality includes:
- receiving client orders by a sales manager,
- sending orders to the trading system by a sales manager,
- execution of client orders by a trader at exchange and non-exchange marketplaces (including those generated by Algorithmic trading module),
- monitoring the status of client order execution,
- providing clients with reports on executed trades.
Applying VAR analysis for post-trade evaluation of portfolio risks in backQORT system
The QORT product line started using the functionality of VAR analysis for evaluation of portfolio risk. This functionality allows calculating VAR parameters of a portfolio for shares, bonds and options; calculating parameters on the basis of previous prices taken for any period of observation; setting any time interval in the future for calculating VAR-indicators. Options include applying different methods of calculating volatility for evaluation of price dynamics for future periods and using different methods to evaluate the parameters for options with different basic assets, futures as well as shares.
QUIK InSite (Solid IFC)
Integration of QUIK system’s Japanese localization functionality with the broker’s website taking into account the website layout and design. The ability to send orders and carry out trades as well as receiv current market data from marketplaces (MICEX-RTS) via the broker’s website. Implementation of QUIK InSite flexible localization system in Russian, English and Japanese.
MICEXPreTrade Module (MOEX)
MICEXPreTrade Module, which has been developed as a result of a joint project with MICEX, allows users to connect directly to MICEX trading and clearing systems through MICEX Bridge gateway, bypassing QUIK server. At the same time, all QUIK pre-trade control features are preserved. In this technological scheme the QUIK server is used as a risk server which informs MICEX Bridge gateway whether a transaction is permissible or not.