New Functionality

Solution

A functionality is introduced which allows adjusting a total collateral price for a group of REPO trades and displaying such adjustments in SFT reports.

backQORT

New Functionality

Solution

For derivatives market trades fulfilled as a result of orders not executed within one trading session and transferred by the exchange, an instruction is generated based on the exchange order initially forwarded by the client.

backQORT

After receiving the information about a processed trade, and with an appropriate setting, the trades and instructions cannot be edited and deleted in the terminal. To make changes in such a trade, it is necessary to change the trade’s status in the back-office system.

backQORT

New Functionality

Solution

It has become possible to automatically recalculate price parameters in ‘Buy/sell securities’ trades if the trade’s price, quantity or volume are changed.

midQORT

There is an option to limit the number of clients that receive e-mail trade confirmations.

backQORT

When withdrawing or depositing an asset, it is possible to generate additional stages (‘Interest payment’, ‘Payment of penalty’, ‘Money transfer’, and ‘Compensation payment’) for all types of exchange and OTC trades.

midQORT, backQORT

New Functionality

Solution

In accordance with the Bank of Russia Instruction No. 181-I, all non-trade operations of non-residents of the RF are controlled for the necessity of their registration if a preset limit is exceeded. Such information is sent to the broker’s supervisory specialists.

backQORT

New Functionality

Solution

The system acquired an option to automatically process SWIFT messages in MT518 and MT599 formats and save them in a local or a network folder related to the trade.

backQORT

For SWIFT messages by non-trade operations to deposit and withdraw securities, an option was added to specify participants’ roles for each party of the trade. The roles for a buyer and seller are set automatically depending on the operation’s direction.

backQORT

It is possible to automatically set participants of the trade with further default generation of confirmations and SWIFT messages for the trade.

backQORT

New Functionality

Solution

Exchange commissions for trades of the ‘Exchange NDM’ type can be automatically written off on the trade’s planned payment date.

midQORT, backQORT

For trades on the Saint-Petersburg Exchange, when calculating a commission of the ‘Commission from portfolio value’ type, it is possible to use not a weighted average but a settlement price of the MFB Clearing Centre.

backQORT

New Functionality

Solution

The OKUD 0420458 report form for 3.1 and 3.2 taxonomies can be generated in the XBRL format without conversion in external software.

backQORT

An option was added to generate client reports by means of external applications for subaccounts and analytical accounts at the same time. This allows simultaneous generation of client reports for numerous clients.

backQORT

New Functionality

Solution

Information about the user’s attempts to connect to/disconnect from the QORT server and network connection parameters are saved in the system database.

midQORT, backQORT

New Functionality

Solution

Orders to roll over positions in precious metals on the Moscow Exchange FX Market can be generated automatically. The functionality is available if the Spot Market Risk Management module is used.

midQORT, backQORT

There is a possibility to generate orders for forced closure of positions by options. The functionality is available if the Spot Market Risk Management module is used.

backQORT

New Functionality

Solution

Trades with barrier options can be displayed in reports if generated in the ‘Reporting to NSD Repository’ module. For this functionality, a new asset parameter ‘Barrier price condition’ was added in the system.

backQORT

It has become possible to unilaterally change trades’ technical parameters in reports (standard, bulk reports) which were previously sent by using the ‘Reporting to NSD Repository’ module. To do this, the Module sends a report on technical error elimination in already registered trades. This way of report correction does not require a consent of the second party of the trade and allows reducing costs of NSD commissions.

backQORT

New Functionality

Solution

By using the Data model extension module, it is possible to create new types of parameters in the system. In addition to standard parameters, it is also possible to create technical parameters in the database (concealed in the terminal) and read-only parameters for terminal users.

backQORT

New Functionality

Solution

When using the External reports request module, values of the report parameters can be transmitted in a file. It is possible to set a variety of values of one parameter and make the operation more convenient. Also, there are no longer any restrictions on invalid characters (quotes, commas, etc.) in parameter values.

backQORT

New Functionality

Bonds’ effective yield to maturity can be entered in the system terminal manually. To do this, a new parameter ‘Effective yield, manual input’ was added in the main and intermediate databases and several terminal tables.

New Functionality

The status of a pool order execution displayed in a portfolio organizer can be exported to external systems via the IDB.

The system settings make it possible to block editing or deleting of trades and instructions (pool orders) via the terminal after the information about the trade’s processing is delivered from the back-office system. To make changes in such a trade, it is necessary to change its status in the back-office system.

When forwarding a REPO pool order, it has become possible to see available securities (direct REPO order) and cash (reverse REPO order) immediately.

New Functionality

Orders to withdraw cash now can be forwarded in the capQORT terminal. For such orders, pre-trade control is made with further automatic routing to the execution broker’s server via the QUIK Non-Trade Instructions module.

New Functionality

Exchange commissions for trades of the ‘Exchange NDM’ type can be automatically written off on the trade’s planned payment date.

For trades on the Saint-Petersburg Exchange, when calculating a commission of the ‘Commission from portfolio value’ type, it is possible to use not a weighted average but a settlement price of the MFB Clearing Centre.

New Functionality

A new limit was added which allows controlling the order volume.

During control of limits on cash in reverse REPO operations, not only executed operations are taken into account but also orders forwarded to the system, and prepared instructions as well.

New Functionality

When withdrawing or depositing an asset, it is possible to generate additional stages (‘Interest payment’, ‘Payment of penalty’, ‘Money transfer’, and ‘Compensation payment’) for all types of exchange and OTC trades.

New Functionality

Information about the user’s attempts to connect to/disconnect from the QORT server and network connection parameters are saved in the system database.

New Functionality

The system supports export of OTC REPO trades to ‘Avancore: Unit Investment Funds’ by creating a separate file.