New version of QUIK server software – 4.4.0

ARQA Technologies has launched a new version of QUIK server software – 4.4.0.

The main improvement of this version is expanding the functionality to work at different Moscow Exchange trading modes:

• accounting of orders and trades with the CCP as well as REPO orders and trades in client positions was added,
• limitation of purchasing power for operations of closing auction was realized,
• support of Moscow Exchange commission for REPO with the CCP and t+2 regimes, while calculating the purchasing power for orders sending and trades registration, was added.

Considerable changes are related to the scheme of calculating the portfolio collateral:

• at this scheme the possibility to set the schemes of netting risks between spot assets and derivatives instruments for a trading account or a group of trading accounts was realized; it provides more flexible opportunities of netting risks for spot assets from different trading venues,
• calculation of collateral for derivatives and stock markets accounts in the bounds of the Unified cash position was significantly optimized; it has greatly reduced latency of processing client transactions sent at the moment of recalculation at QUIK servers with a large number of UCP-accounts.

Among other significant changes and improvements are the following:

• now restrictions for the being traded instruments are checked when sending non-trading orders to enter/remove securities,
• the functionality of incomplete netting for cash commitments allows commitments netting not for all cash positions but only for the defined (selected) positions.