New Functionality

An additional setting allows specifying in a non-trade instruction not only a subaccount but also an analytical account (in case of the client’s unified cash position, the subaccount is not specified when forwarding the instruction). Such instructions will be correctly reconciled with the QUIK transactions file or uploaded from the Non-Trade Instructions module of QUIK. However, after the analytical account is specified, the functionality to sign instructions, calculate PIT for cash withdrawal, and automatically generate non-trade instructions in the Non-Trade Instructions module becomes unavailable.

The ‘Trade instructions’ directory was removed from the system. All the information from this directory is now shown in the register of client instructions.

A setting was added which prevents from changing previously set instruction parameters by using automatic mechanisms of the system.

It is possible to create trade orders with a specified volume and a maximum execution price. A broker executes such an order at the maximum price specified in the order or at the best price.

In a printed non-trade instruction form it is possible to specify a representative not only of a legal entity but also of a physical person.

Instead of a subaccount in the global instruction card, it is possible to specify an analytical account which combines clients’ subaccounts on different trading venue sections. This allows automatic matching of one general global instruction with different types of trades. Data on the analytical account for global instructions can be uploaded by using the Web-services integration module.

When forwarding instructions to withdraw assets via the QUIK Non-Trade Instructions module, the amount of cash/securities to withdraw before PIT is separately displayed in the instruction’s parameters. During execution of the order to withdraw cash to backQORT, the sum to be withdrawn can be automatically adjusted by the tax rate.

New Functionality

The ‘Included in sanctions lists’ feature was added in asset filters.

It has become possible to filter assets by ISIN codes (one or several) in the ‘Assets’ table.

A type of filtering and formatting by column can be chosen in the context menu.

A new ‘Sort of aggregate’ filter was added to the trade table.

In the ‘Coupon’ table, the data can be filtered by asset relevance.

New Functionality

For OTC REPO trades, it is now possible to choose a method of calculation for the trade’s second part volume by formulas of simple or compound interests.

New Functionality

During reconciliation with the Saint-Petersburg Exchange report ‘XML file of quotations of securities on SPB’ (SPB21), the clearing center’s settlement price can be saved in the system.

For automated registration of clients on the Saint-Petersburg Exchange, it is possible to reserve client codes in QORT. For convenience, client codes for reservation can be uploaded to QORT via the IDB in advance.

New Functionality

Commissions now can be written off automatically without a funds adequacy check.

New Functionality

When uploading positions for securities, it has become possible to transmit a book price in the currency specified in the ‘Position price currency’ setting in the dealer’s library of QUIK.

New Functionality

There is support for changes in the Russian Federation tax code in relation to a progressive taxation scale.

It has become possible to write off PIT for coupon interest during redemption of the coupon.

New Functionality

For assets of the ‘Security’ type, an accuracy can be set to account the position corrections for securities and to display the position size. The accuracy can be set manually or by using the intermediate database. If the ‘Number of decimal figures’ parameter is set only for some assets, corrections and positions for the rest of assets will be displayed without a fractional part (in round figures).

To calculate financial performance for a non-trade operation to deposit securities with an unknown purchase price of the asset (for example, if the security was purchased for a client by another broker), the asset’s withdrawal/deposit price can be used. This parameter is filled in when clicking on the ‘WA. position price and ACI’ button.

New Functionality

When generating a report on a portfolio value change over the period, it is possible to choose a source of prices used for asset evaluation.

An external application was developed which allows adjusting templates of client reports and their generation in backQORT. The application is an open source and allows users to generate and modify templates.

New Functionality

Metals (asset of the ‘Commodities’ type) are now taken into account when calculating margin indicators in accordance with the Ordinance No. 5636-U. Risks for metals are calculated similarly to FX risks. Rates for metals can be downloaded via the IDB.

New Functionality

Alerts about upcoming expiration of user rights in QUIK are shown in a log-file which allows a backQORT user to preventively react to possible disconnection from the QUIK server caused by license expiration.

Trades of the ‘Margin loan’ type can be generated for a group of instruments at once with a separate trade for each instrument.

If an order for registration of a new client on the Moscow Exchange is made on a non-working day, the system automatically postpones the registration to the next working day.

Numbers of trades’ contracts can be specified as a primary document for a group of trades. A history of asset negotiability can be uploaded to QORT from reference systems.

New Functionality

A group of instruments can be filtered by new types (‘Microfinance organization’, ‘International financial organization’) and countries of the issuers.

Metals (asset of the ‘Commodities’ type) are now taken into account when calculating margin indicators in accordance with the Ordinance No. 5636-U. Risks for metals are calculated similarly to FX risks.

New Functionality

When forwarding a pool order to buy assets for a group of portfolio with a number set as a share of the portfolio’s net asset value, an order can be generated for the available cash balance (by using an additional checkbox). This excludes cancellation of such orders by the system for specified subaccounts when the order volume of such subaccounts exceeds the volume of the cash balance available on them.

The system allows accounting futures-style options and future contracts as a percentage of the portfolio’s net asset value with account of a required collateral as well as forwarding pool orders to increase/decrease the share of the portfolio’s net asset value. When forwarding orders on the derivatives market, it is checked whether cash is acceptable as collateral for the instrument.

When generating or editing pool orders and during rebalancing, it is possible to make substring search for a counterparty.

When forwarding pool orders (including orders on the FX market and REPO orders), a number of the instrument can be specified in lots or units. The measure (lots/units) is explicitly specified in the order placement form.

Pool orders for the FX market can be forwarded from a general position table and ‘Fund parameters’ table of a portfolio organizer.

New Functionality

To speed up data uploading from the server and to increase the terminal’s processing speed, an option was added which allows starting a light version of the ‘Portfolio organizer’ interface. When working with instructions, some data and context menu items are not available in this version. The user can make settings in the system terminal.

Current values of the subaccounts table will not be updated if there is a coincidence of parameters of the record found in the DB and the one imported via the IDB.

New Functionality

If default risk levels assigned by various rating agencies to an issuer or a specified emission differ, both the best and the worst rating of the given rating scales can be used during limit control by rating of issuers or emissions.

The ‘List of limits’ report now can be generated not only as a general list but also detailed by issuers or groups of issuers.

To monitor bond duration in portfolios, it is possible to use duration/modified duration to offer if the data were uploaded to the system. When the data are not available, duration to redemption is monitored.

When calculating a volume of funds and securities available for direct and reverse REPO orders, it has become possible not to take account of funds blocked for T+ trading operations.

New Functionality

Alerts about upcoming expiration of user rights in QUIK are shown in a log-file which allows a capQORT user to preventively react to possible disconnection from the QUIK server caused by license expiration.

A type of filtering and formatting by column can be chosen in the context menu.

To deactivate synchronization of positions with QUIK for specified accounts, it is possible to combine arbitrary capQORT subaccounts into an analytical account with deactivation of position synchronization for this analytical account.

In all negotiated trading modes, it has become possible to manually edit settlement codes for trades if necessary.

In the ‘Coupon’ table, the data can be filtered by asset relevance.