Prompted by our clients and using their expert reviews, ARQA Technologies creates new products, which then become a part of the standard software product line offered by the company.
The products can be developed on the basis of already existing company products (QUIK and QORT lines) or as an entirely new product. ARQA Technologies’ products can also be integrated with the software used by the client.
AI chatbot in Sberbank Markets system
ARQA Technologies took part in development of a chatbot of the online support interface of the Sberbank Markets electronic trading system and provided support for the chatbot functionality at infrastructure and interface levels. The chatbot employs Sberbank’s Natural Language Processing (NLP) platform which is able to process natural language and dialogue with clients. A chat module in the trading terminal is connected to the NLP platform. To start working with the chatbot, all the Sberbank Markets user has to do is send a question via the message window of the trading terminal.
Series of ‘QUIK from vendor’ webinars
Start of a joint educational project of ARQA Technologies and MOEX School to hold a series of ‘QUIK from vendor’ webinars where the company specialists tell about the main terminal functionality from first installation and setting steps to complex stop- and algorithmic orders and internal programming languages.
Specialized backQORT for Forex Dealers
A specialized version of backQORT for Forex Dealers developed in collaboration with ‘VTB 24 Forex Company limited’ is applied to the accounting of Forex Dealer’s operations, monitoring clients’ and own positions, downloading and accounting of a variation margin, commission calculation, and non-trade operation processing. All of the above is performed in conjunction with a front office system such as QUIK or any other front-office platform. Another feature of this specialized version is generation of reports for clients and a regulator in accordance with the regulatory criteria for such organizations.
Trading Central Newsfeed Interface
This QUIK server module was developed to deliver technical analysis data and trading tips from TRADING CENTRAL (a partner of the project) for all principal financial instruments. The Trading Central newsfeed interface monitors new messages and transmits them to the QUIK server, which in its turn delivers them to QUIK user terminals’ ‘news’ windows.
QUIK SOR (Smart Order Routing)
Over the last few years, solutions for Smart Order Routing (SOR) became widely used by participants of global financial markets, and many brokers employ this technology as one of their preferred trading strategies. Following this trend as well as requests from QUIK platform users, ARQA Technologies developed the Module of smart order routing QUIK SOR for automation of broker operations at several trading venues on the basis of the best execution.
QUIK Matching Engine (QME)
QME is a trading core for quick matching of the broker client’s orders forwarded in QUIK. The QUIK Matching Engine module can be used by brokers to set up electronic trading platforms and provide their clients with access to supplementary instrument classes.
Autochartist Program Interface
This program interface integrates QUIK workstation charts with services provided by Autochartist. The interface distinguishes such types of graphic models as chart patterns, Fibonacci figures, and key levels. The client’s component of the interface is integrated into the QUIK workstation starting with the version 6.4.
Market Data Interface of TREP RT system (Thomson Reuters)
The interface of the QUIK broker system developed in partnership with Thomson Reuters delivers market data from the agency to user terminals. With the help of market data from Thomson Reuters and FIX-integration with execution broker platforms, it is possible to build a fully functional trading solution.
OMS Manager Module (Otkritie Capital International Ltd.)
The module is designed to manage execution of clients’ orders by authorized traders and allows the broker to fully automate this process. The module functionality includes:
- receiving client orders by a sales manager,
- sending orders to the trading system by a sales manager,
- execution of client orders by a trader on exchange and non-exchange markets and by the Algorithmic trading module as well,
- monitoring a status of the client order execution,
- providing clients with reports on executed trades.
Application of VAR analysis for post-trade evaluation of portfolio risks in the backQORT system
The QORT product line started using the functionality of VAR analysis for evaluation of portfolio risks which allows:
- calculating VAR parameters of a portfolio for shares, bonds, and options;
- calculating parameters on the basis of previous prices taken for any period of observation;
- setting any time interval in the future for calculating VAR-indicators;
- applying different volatility calculation methods for evaluation of price dynamics for future periods;
- using different methods to evaluate parameters for options with a future or a share being an underlying asset.