transaq is a software for broker-dealer services on the stock and derivatives markets. developer:...

TRANSAQ is a software for broker-dealer services on the stock and derivatives markets. Developer: Screen Market Systems, JSC, www.transaq.ruContact information: phones +7 (495) 615-2008, 615-2470; fax +7 (495) 913-3931; email [email protected].

TRANSAQPerfect software for broker-dealer services

Russian and

International

Markets

TRANSAQ is a software for broker-dealer services on the stock and derivatives markets. Developer: Screen Market Systems, JSC, www.transaq.ruContact information: phones +7 (495) 615-2008, 615-2470; fax +7 (495) 913-3931; email [email protected]. 2

Contents

3 Facts about TRANSAQ Advantages of the system

7 Markets and architecture Available trading floors, platform structure, interfaces

14 Functional services Margin trading, Practice accounts, Asset management, TRANSAQ Connector, TRANSAQ SubBroker, MACCESSOR, TACCESSOR, TRANSAQ Handy, Replicator of databases, FIX gateway, Parallel servers, Newswires INTERFAX, PRIME TASS, THOMSON REUTERS, Universal information gateway, English users interface, TRANSAQ Intra, Cryptography

32 Developer About Screen Market Systems35 Contact information


Facts about TRANSAQ


TRANSAQ is a fully functional software for broker-dealer operations on the Russian and International markets, both stock and derivatives ones.

» Over 10 ths. traders use TRANSAQ every day.

» Daily we register over 150 ths. trading operations.

The TRANSAQ trading platform is nowadays one of the leading programming applications on the Russian stock and derivatives market.

Facts about TRANSAQ


high productivity

reliability

information security

resource effectiveness

technologies and know-how

Advantages of TRANSAQ


It should be mentioned that TRANSAQ …

Supports over 5 ths. connections to one server

Offers the unique system of margin lending risk management with online control of the essential parameters of client portfolios

Ensures stability on bad channels with low bandwidth capacity

Contains functionality for dynamic search and automated initialization of instruments with automatic swapping of price history data

Implements hot mutual stand-by of parallel servers which synchronize all the necessary data, etc.


Market access and architecture


MICEX Stock Exchange (Equity and Bond Market)Leading Russian stock area. Over 670 organizations are professional participants of this market, with approximately 600 000 clients - legal entities and individuals. The MICEX Index is the key indicator of the Russian stock market.

MICEX Government Securities & Money Market, or GKO/OFZ marketRussian trading floor for government-backed securities (GSM market), with approximately 300 stock market participants. This is the order driven market.

RTS Derivatives Market FORTS Russian leading futures and options market. Among the traded instruments are derivatives based on stocks issued by Russian companies and RTS Index.

RTS Stock marketStock market of the RTS exchange. Its participants can operate with highly liquid shares, 2-tier equities, bonds and mutual investment funds. Investors also have access to the spot market.

MICEX Derivatives market• The united market for derivative financial instruments (futures and options) of MICEX Group. Among

the traded instruments, stock derivatives and MICEX Index derivatives are traded.

Deutsche Boerse: Xetra – pan-European trading platform for equities, certificates, warrants, exchange-traded funds and subscription rights and Scoach – the biggest market for structured products worldwide with more than 400.000 securitized derivatives such as certificates, warrants or reverse convertibles.

Trading floors


Platform architecture

Technical monitoringTechnical monitoring

Trading systems of the ExchangeTrading systems of the Exchange

Trading deskTrading desk

Exchange gateways TRANSAQ gateways

AdministratorAdministrator

TRANSAQServer

TRANSAQServer

Swapping opening balance utilitySwapping opening balance utility DatabaseDatabase


TRANSAQ platform The platform is the central programming module, which...

includes the server and user interfaces

ensures the coordinated functioning of modules, exchanging of data and technical monitoring

Embedded features:

Various client reports (without addressing the broker) in the standard user’s trading deskArchives of the market information, historic data for previous trading sessions and automated swapping of data from the server


User’s trading deskFunctions:

Monitoring the process of trading on the market Handling ordersControlling over the portfolio structure Receiving news and messagesViewing reports

Embedded features:

Wide array of technical and graphical analysis means Embedded programming language TRANSAQ ATFPrepared orders package functionReal-time export of data to Excel, systems of technical analysis and text file Real-time import of transactions and their processing in the settlement system


The broker’s representative working station, which allows to control and manage parameters of the TRANSAQ software.

Embedded features:

United cash position for the MICEX stock exchange and the RTS stock market Convenient input and output of assets by the Administrator (securities or cash) in the client account, and the transfer of assets among client account with the imputation / write-off operations.

Administrator


Technical administrator

The system’s technical administrator allows:

Conducting monitoring of the current connections of users Setting restrictions on the account access from the indicated IP.

The functions of the interface for Brokers include: Viewing and analyzing statistics of client connections and requests processing Analyzing the volumes of received and sent data, the trading activity, the quality of IP-connections and other relevant information Monitoring attempts of possibly unauthorized access to client accounts


TRANSAQ services


Margin trading, or the online lending risk-management

The Broker can limit the total volume of the available credits in cash or assets and specify the conditions under which they can be used by its clients.

Automatic real-time system of crediting trading operations and the evaluation of client assets / liabilities The system implements the parameters of Coverage and Margin Level (leverage).

The usage of assets borrowed from the broker without sufficient coverage is absolutely impossible.

The system contains the technology of the structured analysis of client portfolios with the calculation of order and correction of coverage to the required level.

Cost for 50 simultaneous connections:

License fee - 90 ths.rurMonthly fee – 4,5 ths.rur




Practice accounts, or the leading educational module of TRANSAQ

The module helps reducing the cost of education of the new inexperienced investors.

The module allows to test automated trading strategies without running any risks.

The service presupposes real access to the exchange, so that users can view the appearance of market data and try to place orders and complete trades on a virtual account.

The client’s order is not transferred to the exchange. It is handled by the TRANSAQ server, that models the situation as if it was real (what-if).






The module includes:

the interface to enter orders for groups of client accounts facilities for portfolio monitoring

The service can be used for managing assets of private, corporate and institutional investors.

Asset management and settings for client accounts of the Broker






The universal programming interface which allows connecting various external applications to the system. Among them are:Proprietory informational / trading applications Programs for algotrading (robots, signal generators) Accounting systems realizing all sorts of portfolio management techniques

The interface is based on XML-messaging technology with the function library

TXmlConnector.dll.

The application interacts with the TRANSAQ server with the authority (name and access rights) of a registered trading client.

The module connects the robot directly to the TRANSAQ server, which allows placing orders and monitoring their execution without extra delays.





TRANSAQ Connector for external robots and algotrading


TRANSAQ SubBroker

The module unites:

Service components for the BrokerAdapter and user’s interface for the Subbroker

Any Subbroker can organize broker services on the stock market (corporate securities on the MICEX and RTS) without gaining membership to the Exchange.

With this scheme, the Subbroker can open client accounts and manage credit modes at its discretion, but within the limits set by the Broker.






MACCESSOR allows building interaction between TRANSAQ and Broker’s systems (back office, risk management).

The following information is available:Connection of users to the TRANSAQ server Current parameters of crediting clients in TRANSAQ Requirements concerning the level of margin Clients’ orders and trades Balance of cash and securities on the clients’ accounts

Features:

Changing balance of client’s accounts (cash and securities)

Entering and cancelling orders

Registering new users and managing their properties

Managing parameters of financial instruments

Sending messages to traders

Correcting parameters of client accounts, such as the maximal level of margin

The interaction is conducted through

SQL stored procedures.





MACCESSOR


Broker’s software envelope for client access to the TRANSAQ system and development of proprietory client applications.

The module functions on the leading trading floors:

MICEX Stock Exchange RTS Stock Market

TACCESSOR is intended for the connection of:

Mechanical trading systems by the User or the Broker

Web interfaces of the Broker to deliver data and send transactions

The service is based on COM data exchange procedures.





RTS FORTS

Government securities market MICEX

Xetra (Deutsche Boerse)

TACCESSOR


FIX шлюз

The module enables the connection of external user applications and standard software to the TRANSAQ server.

FIX Protocol supports straight-through-processing technology.

Financial Information eXchange Protocol is the international messaging standard for trading systems and applications. It is used by exchanges, brokers, investment companies and banks for the electronic communication of trade-related messages.

Cost for 50 simultaneous connections:License fee – 105 ths.rurMonthly fee – 9 ths.rur

Cost for 50 simultaneous connections:License fee – 105 ths.rurMonthly fee – 9 ths.rur

FIX gateway


TRANSAQ Handy for PDAs and communicators running on Windows Mobile

TRANSAQ Handy grants fully featured mobile access to the services of the TRANSAQ platform.

The users of TRANSAQ Handy can:

Trade on all the available markets

Search and activate instruments of foreign markets

Work windows:

Instruments

Quotes

Charts

Orders

Trades

News


License fee – 75 ths.rurMonthly fee – 4,5 ths.rur



Клиент N


Replicator of data bases

The module maintains a reserve real-time database to increase the system’s reliability parameters.

The service allows monitoring of the replication process and check the synchronism of databases.

The Broker can check the identity of databases indicated in the Replicator’s configuration file and control for consistency.






Parallel servers

The module ensures the brand-new reliability, resilience and scalability of the software.

In case of emergency on one of the circuits the service guarantees completeness of all the essential data and its immediate availability on other circuits.

* Simultaneous maintenance of two or more TRANSAQ servers.

The implementation of the service abolishes the standard program’s quantity restrictions concerning 5 ths simultaneous connections to one server.

As a result, the e-trading software becomes more effective.

Cost for 50 simultaneous connections:License fee – 120 ths.rurMonthly fee – 7,5 ths.rur

Cost for 50 simultaneous connections:License fee – 120 ths.rurMonthly fee – 7,5 ths.rur


The modules represent a programming component which helps Broker organizing the automatic distribution of news among its clients.

Discretionary news dissemination

Various data access parameters for clients

INTERFAX

PRIME-TASS

THOMSON REUTERS

Any news source can be connected to the TRANSAQ server.

Newswires on base of the universal news API

Cost of one newswire for 50 simultaneous connections:





The module transfers market data from external sources to the TRANSAQ system.

Important functions:

Translation of market trades

Plotting of Charts

Implementation of technical analysis

TRANSAQ has direct integration with all the major services of THOMSON REUTERS, among them:

Reuters Market Data System

Reuters DataScope Select

Reuters Knowledge Direct

Universal information gateway


License fee – 75 ths.rurMonthly fee – 6 ths.rur




The English version of the TRANSAQ trading desk supports:Technical elements of the interface Names of the financial instruments Messages of the TRANSAQ server and the Exchange trading system

The module supports group messaging function, so that the addressees are defined automatically by the trader’s interface language.

English version,

user’s interface






The Service represents a user’s interface functioning independently of the Exchange and modeling the trading activity on the computer screen.

Intra includes automatic generation of the trading activity feature, which models the real market. So, the module can function on a round-clock basis.

The Broker creates practice accounts.

The Broker manages the server and administrative parts of the system, thus acquiring the opportunity to train managers on Main trader and Administrators’ interfaces.





TRANSAQ Intra


Collaboration with crypto providers Crypto-PRO, Signal-COM and Microsoft RSA (X.509 certificate)

Electronic digital signature for the authorization of the trading operations

TRANSAQ information security includes:

Technical administrator for monitoring access statistics, processing requests and trading activitySynchronization and mutual hot stand-by of servers TouchMemory authentification





Cryptography, and other means of information security for traders


Package 1. TRANSAQ Platform MICEX Stock Exchange

Package 2.TRANSAQ PlatformMICEX Stock ExchangeRTS Stock MarketRTS FORTSMargin trading Cryptography Asset management News by REUTERSPractice accounts

Connection License agreement Attendance

10 licenses 108 ths. rur 9 ths. rur

50 licenses 225 ths. rur 19,5 ths. rur

Connection License agreement Attendance

10 licenses 367,2 ths. rur 26,1 ths. rur

50 licenses 648 ths. rur 47,4 ths. rur

The price of several modules doesn’t depend on the number of users (sign )

The minimal quantity of licenses is 10 units.

The fee for over 100 licenses is defined by individual agreement.

The presentation doesn’t represent a public offer.

Sample packages


About the developer


Screen Market Systems, JSC

The company was created in 1999.

TRANSAQ system was first

installed in 2000.

The managers and employees of the company have vast experience in the development of the real-time systems for the financial markets, including:

the first fully electronic trading & clearing system for futures and options of the Moscow central stock exchange (МЦФБ)electronic systems for international news agenciesForex dealing centre

online trading systems.


The mission of Screen Market Systems reflects

our responsible position towards

the professional participants

of the financial markets

and their customers.

Our core philosophy is

to maintain high level of safety,

productivity, technical support and information security.

Our vision


Contact details

Screen Market Systems, JSC

Address: Russian Federation, 129085, Moscow, Bolshaya Maryinskaya st., 9, bldg 1

Phones: +7 (495) 796-9388

Email: [email protected]

http://www.transaq.ru

transaq is a software for broker-dealer services on the stock and derivatives markets. developer:...

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