OTC trade reporting module for the back-office backQORT released

ARQA Technologies has designed a new module for OTC trade reporting that serves for disclosing information on OTC trades in accordance with requirements of the current legislation.

The module allows to transmit reports on trades from the backQORT system to the reporting system of the MOEX OTC trades ‘OTC-monitor’. The interaction with the Moscow Exchange is performed via FIX-protocol.

OTC trades reporting module selects OTC trades from the backQORT system which need to be reported, groups and sorts them in a separate register. Then the reports on the trades are sent to the Moscow Exchange manually or automatically, depending on the settings chosen.

The reply system messages from the Moscow Exchange are stored in a separate notification register and can be viewed by each trade.