New version of QUIK server software — 9.3 released

An important improvement in the new version of the QUIK server software is implementation of a role-based  model which provides user permissions. It is now possible to set a trading role with a specified set of instrument class permissions and assign it to a user.

A considerable part of changes relate to the Limit calculation library (LCL) functionality:

• the ‘MD+’ positions keeping scheme acquired an option to use full bilateral risk netting between assets included in one variety with dependent prices,
• the setting ‘Negdeal repo classes with second leg accounted in trade’ was added which, on the trade execution date, allows taking account of delta of liabilities between first and second parts of trades ‘Repo-M and Repo with CCP’ for limit types which require liabilities of both REPO parts to be taken into account,
• there is the setting ‘Do not allow cash debt creation for complex reports’ which determines a possibility to execute operations resulting in negative cash balance after confirmation of trades for execution by a complex report if cash netting is configured,
• multiple exporter classes can be specified for an importer class when limiting order prices.,
• when the ‘Show trade commission’ setting is activated, the clients with a unified cash position on derivatives and spot markets can see the size of a written off commission for derivatives market trades displayed in the ‘Broker commission’ field of the QUIK workstation’s Trades table.

Also, a number of improvements were made in the QUIK Administrator user rights’ editor for its better usability:

• in the notification of expiry of powers of attorney, which appears after connection of the client’s part of QUIK Administrator, the information is divided into sections: ‘Service users’ and ‘Users’.
• there is an indicator in windows for import of user rights by client codes and news agencies. It allows monitoring a load process and stopping import, if necessary,
• there is a new message which shows the results of copying permissions from one class to another.