10.29.2013

Moscow Exchange Inks Technology Deals

10.29.2013
Terry Flanagan

Moscow Exchange has launched technology partnerships to bring its services within the reach of global investors.

In a deal with TMX Atrium, Moscow Exchange is now part of TMS Atrium’s “connectivity fabric,” enabling Moscow data to be accessible from 30 points of presence in 11 countries across TMX Atrium’s venue-neutral platform.

“As we continue to build our Moscow Exchange, partnering with a provider such as TMX Atrium, specialists in the financial services vertical, is becoming an increasingly important requirement,” said Alexander Afanasiev, CEO of Moscow Exchange. “TMX Atrium delivers further client choice for our community and pushes our data out to a significant number of end-points across the TMX Atrium connectivity fabric. We look forward to working with TMX Atrium and developing connectivity options into and out of our Exchange from other key trading locations.”

The addition of the Moscow Exchange’s data and trading capabilities forms an integral part of TMX Atrium’s expansion strategy throughout Central and Eastern Europe. In August 2012, TMX Atrium announced ultra-low latency to the Moscow hub at M1 and in January 2013, announced a diverse connectivity option from Frankfurt to Moscow. Due to the increasing adoption of TMX Atrium’s connectivity paths into and out of Moscow, TMX Atrium completed the enhancement of its London to Moscow via Stockholm path.

TMX Atrium also announced connectivity to the Kislovsky 13 (K13) data center in Moscow. This latest Moscow footprint expansion boots trading opportunities further for TMX Atrium clients.

TMX Atrium’s increased footprint offers low latency access between The Moscow Exchange trading engines in both production and disaster recovery locations. In September 2013, TMX Atrium announced access to Moscow from Frankfurt FR2.

“We are delighted to offer access to an increasingly important source of Russian market liquidity,” said Emmanuel Carjat, managing director at TMX Atrium. “Appetite for access and operation within the Moscow markets is growing and we anticipate this trend will continue as the market develops and investors look to implement increasingly complex trading strategies. The Moscow Exchange offers opportunities for trading cash equities, Russian derivatives, Russian FX and Russian fixed income; asset classes that are becoming increasingly important for the international trading community.”

Separately, ARQA Technologies has released new versions of its software products with full support of new features that had been introduced in the trading systems of Moscow Exchange Stock and FX markets. The new features connected with the launch of precious metals trading and additional opportunities for REPO operations with the Central Counterparty that came into force on October 21.

The gateways to the Stock and FX markets of the Moscow Exchange now support the new functionality of the trading system interfaces. The new possibilities include trading SPT-like instruments and precious metals valued in Russian Rubles, and translation of new tables to show additional risk parameters.

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