New functionality

Solution

Securities of a new type — commercial bonds — are imported from RU DATA.

midQORT, backQORT

New functionality

Solution

Color of fonts and background may be set in table lines.

midQORT, backQORT

When a new non-trading instruction is received from Non-Trade Instructions Module of QUIK, a message pops up in the bottom right corner of backQORT terminal screen: ‘New instruction from NTIM QUIK’. This option is deactivated by default.

backQORT

Previously, the same number of signatures, needed to import instructions to backQORT, was set for all types of instructions. Now, depending on instructions it is possible to set any number of signatures both to import non-trading instructions and sign non-trading instructions in backQORT for sending to QUIK.

backQORT

A functionality for linked tables was added. Thus, when linkage is activated, a connection is set between the ‘Trades’ table, and the tables ‘Trade stages’ and ‘Commission accrued for trades’. At the same time, the tables ‘Trade stages’ and ‘Commission accrued for trades’ display only data on trades chosen in the main table.

midQORT, backQORT

Trade and order reports now include UTC time. Previously, only trade execution time from the trading system was specified.

backQORT

While introducing rules for defining instruction parameters, it has become possible to filter sections of trading venues, business partners, and traders. This functionality allows reducing the number of created rules.

backQORT

Group security redemption is available.

backQORT

New functionality

Solution

It has become possible to create tariff plans where commission is calculated for a group of accounts simultaneously.

backQORT

New functionality

Solution

During reconciliation of positions via IDB it has become possible to reconcile planned and current balance of positions simultaneously. A new option allows importing data on several dates to IDB which provides successive reconciliation for different dates without another data download to IDB.

midQORT

Reconciliation is supported for a statement from the register of trades accepted for clearing by Saint-Petersburg exchange.

backQORT

Reconciliation of records from the ‘Business partners’ directory backQORT with the file ‘RCBIC directory’ CBRF is implemented. It includes reconciliation of bank names, postal codes, OKPO (All-Russian Classifier of enterprises and organizations) and discrepancies recording. After reconciliation, the records may be added to the ‘Business partners’ directory of backQORT.

backQORT

New functionality

Solution

When checking operations conformity to criteria stated in CBRF regulation #445-P, result tables display values under check for conformance to the criteria: financial result, benchmark price, time, % deviation from a benchmark price.

backQORT

Security standards required a new type of report on ‘Changes in user roles’ displaying all changes in the roles carried out by all users of the system.

backQORT

New functionality

Solution

It has become possible to manage book price of positions in a currency different from the ruble and in percentage terms as well (for bonds).

midQORT, backQORT

New functionality

Solution

Margin indicators may be calculated for OTC trades based on own quotes.

midQORT, backQORT

Calculation of margin indicators included the possibility to put in quote prices manually.

backQORT

New functionality

Previously, price deviation of forwarded orders was controlled by comparison with a market price of instruments. Now, other price information uploaded to the system (closing price, best bid/offer, etc.) may be used for deviation control.

If, during pre-trade control of pool orders, restriction violations are detected in some portfolios included into the pool, these portfolios may be manually excluded from the order with its execution for remaining portfolios. This mechanism uses reconciliation with QUIK limits of execution brokers.

During pre-trade control, it has become possible to check assets with no evaluation in the system. In such cases, either notifications are sent about orders with unvalued assets in the status bar, or a confirmation of an authorized specialist is required, or orders are not generated, depending on settings.

An option was added to control a number of securities in portfolios. This allows explicit exclusion of undesirable instruments from a list of possible instruments for operation execution.

During limit control, securities received after the first part of REPO may now be excluded from position.

Logical expressions applied to various parameters of market data (for example, to use maximum value of a market price, bid and offer prices, etc.) may be used in search of price information.

New functionality

To meet the requirements of CBRF regulation #4129-U, additional control is available for liabilities of trades with execution terms over three days, REPO trades, and loans.

To control risks of default on counterparty’s liabilities in accordance with CBRF regulation #4129-U, it is possible to take into account not only a planned portfolio position but also liabilities to counterparties: cash on accounts and deposits, rights of claim under purchase or alienation of securities.

New functionality

Color of fonts and background may be set in table lines.

Color of fonts and background in the ‘Order pools’ table may be automatically changed depending on parameter values in the table.

A functionality for linked tables was added. Thus, when linkage is activated, a connection is set between the ‘Trades’ table, and the tables ‘Trade stages’ and ‘Commission accrued for trades’. At the same time, the tables ‘Trade stages’ and ‘Commission accrued for trades’ display only data on trades chosen in the main table.

The ‘fund restrictions’ window of portfolio organizer acquired the additional feature of a highlight that colors a restriction, which is close to violation.

Portfolio organizer acquired an option to view the factual position at the end of day in its relation to the day limit.

New functionality

The form for order forwarding by asset managers now supports the same modes as the form for pool order forwarding. It is possible to enter not only asset volume for buying/selling but either cash required to buy/sell assets or an asset share in a portfolio to which asset volume should be increased or reduced. Other order parameters are calculated automatically.

New functionality

The system terminal acquired a setting that allows generation of pool orders with available cash balances for each portfolio. The system reduces the volume of elementary orders if available cash of some portfolios is not enough to buy enough assets. The functionality may be applied to IIA group management.

It is possible to conduct a sale for a group of portfolios. Exceptions may be made for some portfolios. Sales are used when available cash is not enough to pay commissions.

New functionality

An option was added to show net asset value without future liabilities (current net asset value). This functionality is useful when it is necessary to reconcile positions with applications that do not keep planned positions.

New functionality

• Use of a complex industry structure. Assets may now be included in several various industries at the same time. Analytical industries represent a hierarchy displayed in directories and a portfolio organizer. This structure may also be downloaded via IDB.
• Import of a new type of securities — commercial bonds — from RU DATA.
• A new feature indicating instruments serviced in NSD was added to set corresponding restrictions in the asset directory. This feature may be imported via integration with RU DATA or via IDB.

During reconciliation of positions with ‘Avancore: Unit Investment Funds’ it is possible to reconcile both portfolios and groups of portfolios without position adjustment. In this case the system performs reconciliation with capQORT data for payment and delivery accounts.

Integration with Bloomberg DataLicense (Bloomberg DataLicense QORT Program Interface should be in configuration) was implemented with option of simultaneous subscription to several Bloomberg assets and quotes. The mechanism of package subscription and adding/deleting fields is performed by import of subscriptions to the system via IDB