QUIK digest for the third quarter of 2024

10 october 2024

Q3, 2024

Dear users of ARQA Technologies software products, we would like to offer to your attention the digest of the main changes in QUIK products made in the third quarter of 2024.

Events

A new video about the QUIK system capabilities was published in the video library of ARQA Technologies: ‘iQUIK X and QUIK Android X: Order management from the quotes screen (interactive orders functionality)’.

New Software

Eastern Exchange FX Market trading interface

It is a new interface which allows access to FX trading on the Eastern Exchange.

SPСEX FX Market trading interface

It is a new interface which allows access to FX trading in money and FX markets section of the Saint-Petersburg Currency Exchange (SPСEX).

New Versions of Software

For the full list of changes in QUIK software products, see the News on the company’s website.

QUIK supports operation in the alternative OS Linux (Linux Astra SE 1.7.4) in new versions of the following server modules:

Trading Interfaces

Moscow Exchange Securities Market trading interface — 14.1 and 14.2

Following the releases of new versions of the market trading system dated June 07, 2024 and August 05, 2024 the interface supports:

the new ‘REPO auction (Baskets)’ trading board for REPO auctions w/o CCP with securities basket with settlement in the NSD,
execution of trades with bonds in the mode ‘OTC distribution: Neg. deals (Bonds)’.

Moscow Exchange Clearing System of the Securities Market (Main Market Sector) program interface — 14.0

The Interface supports changes in the exchange protocol of the IFCBroker48R system.

Moscow Exchange Clearing System of the FX Market program interface — 14.0

It supports changes in the exchange protocol of the system (IFCBroker46R – IFCBroker50R versions).

Moscow Exchange Derivatives Market trading interface — 13.1

To support changes in the SPECTRA trading system, versions 7.24 and 7.27, the interface:

displays new session statuses to indicate whether the opening of new positions is prohibited or not,
displays the ‘Matching reference’ field for orders in negotiation modes.

Service Modules

Alert dispatch module — 4.0

The Module supports integration with a new SMS provider — Dexatel.

Integration Solutions

FIX order router program interface — 6.0

Apart from e-mail notifications of the system administrator about the loss of connection with the FIX provider, there are notifications about the impossibility to establish the first connection on the current day.

Infrastructure Solutions

OMS Manager module — 7.0

There is an option to simultaneously keep positions on the QUIK server by OMS Module classes and exchange execution classes. This allows limiting positions on the QUIK server within one firm both when registering OMS orders and when executing operations by exchange classes, bypassing the OMS Manager module.
It became possible to work with fractional number of instruments (through integration with the Directory Storage and Distribution module).
For shares it is possible to register OTC trades with a price currency different from the OMS order price currency.
The Module supports position keeping in calendar dates on the QUIK server.
There is extended functionality of OMS order execution control for exchange instruments that do not match OMS instruments. Among execution control of OMS orders for shares and bonds, control for derivatives and FX instruments is now available.

Module of electronic execution of sales QUIK EES — 2.31

For instruments of the EES1 algorithm, the Module supports a transmission of profitability from source instruments.

Module of smart order routing QUIK SOR — 5.0

The Module supports bonds with different price and settlement currencies.
It also supports simultaneous position keeping by SOR classes and linked platforms classes.
The Module splits execution priority in platforms depending on the order type as part of the functionality of resending orders to those platforms.

Algorithmic trading module and Algorithmic trading module Light — 6.0

There is a functionality of automatic canceling of algorithmic orders for instruments with maturity (bonds, futures, options).

Additionally, in algorithmic orders entry forms of ‘Iceberg’, TWAP, and VWAP types the fully functional Algorithmic Trading Module allows activating the ‘Market-Maker's Order’ attribute, which enables registration of related exchange orders with this attribute.

User Terminals

iQUIK X and QUIK Android X mobile terminals — 5.2

The terminals can forward orders in placement trading modes on the Moscow Exchange.
It is possible to calculate quantity on the order entry form based on the prices and volume specified in the ‘Sum’ field.
There is an option to replace an active order in the Level2Quotes table.
A number of improvements were made for the applications’ performance and design.

TrustManager terminal module for asset managers — 2.11

The terminal acquired a mechanism to control over the minimum volume of exchange orders when splitting group orders for ‘REPO with CCP with GCP’ modes.
It works with DBMS PostgreSQL.

Server

QUIK server software — 12.2

The Limit calculation library (LCL) has the following changes:

the ‘MD+’ lending scheme has an option to take account of assets in a separate account as of non-margin ones when calculating margin parameters.
the optimization was performed in the algorithm of commission maximization which is used when reserving funds for commission on active orders.

Contacts

For all questions regarding the products, their terms of use and testing, please contact the Sales and Marketing Department of ARQA Technologies: +7-383-2191619, sales@arqatech.com.

For all questions on operation of QUIK software, please contact QUIK Technical Support Team: +7-383-2191606, quiksupport@arqatech.com.

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