New module of QUIK — QUIK REPO module

ARQA Technologies developed a new module which extended the line of QUIK infrastructure solutions — QUIK REPO module. It is a matching system for execution of REPO trades in QUIK. The module currently supports operations with REPO baskets.

In the ‘REPO with baskets’ trading mode, the module allows placing cash in exchange for instruments from a predetermined list (basket). The participants forward orders specifying a rate, side, and amount of REPO. The trades are executed with S0 settlement code and for a 1-day period. Second parts of REPO trades can be prolonged, and it is possible to make requests to replace the collateral.

For additional information, consultations and testing, please contact the Sales and Marketing Department of ARQA Technologies by phone +7 383 2191619 or e-mail sales@arqatech.com.