Sinara Bank launches indicative quotes for bonds in QDealing service
Sinara Bank has started providing indicative quotes in the QDealing service on the QUIK platform. This enables financial market participants to monitor real-time prices for a wide range of corporate bonds, from the first- to third-tier borrowers.
Via QDealing chats, users can directly negotiate parameters of transactions with Sinara Bank — discuss prices, volume, and choose optimal settlement conditions.
'Sinara Bank aims to develop institutional business and is open to cooperation with various types of investors. We believe that providing liquidity in bonds will help strengthen relationships with clients, and a more liquid and transparent market will contribute to the overall development of an efficient financial system of the country,' comments Marat Sorokin, Director of the Customer Relations Department at Sinara Investment Bank.
The QDealing service, built into the QUIK platform, is designed for searching OTC liquidity and arranging negotiations between financial market participants.
The service enables direct interaction with counterparties and forms a secure infrastructure for trading various financial instruments. The solution is developed by ARQA Technologies.
'We welcome the growing number of liquidity providers in QDealing. Sinara Bank is an active market participant, and online access to its quotes will enable many counterparties to execute trades on better terms. The goal of QDealing is to make the market more transparent, efficient, and accessible for a wide range of participants. We are glad that market participants support this,' said Roman Anokhin, General Director of ARQA Technologies, the developer of the QUIK platform.
