Access to Boerse Frankfurt (v. 4.98)
TRANSAQ, one of Russia’s leading trading platforms for stock exchange and derivatives markets, developed technologies for the direct access to Borse Frankfurt – 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.
The methodology is unique for the Russian market of broker-dealer services, as it presupposes access on principle to principle basis, not through any intermediaries.
The functionality is part of the TRANSAQ 4.98 release. Apart from this, the updated version gives the opportunity of obtaining historic information by instruments of international markets, i.e. open, close, lots, maximal and minimal prices of the trading session and other market data (for brokerage houses with specific TRANSAQ packaging).
Andrey Magurov, Chief Development Officer for Screen Market Systems and builder of TRANSAQ, underlined the lack of restrictions in context of TRANSAQ functionality on the Frankfurt stock market, i.e. implementation of technical analysis toolkit, ATF scripts, etc. This refers to all the 400 000 financial instruments traded on Deutsche Boerse.
Roman Kirindasov, Head of Deutsche Boerse Representative office in Russia, said that «building the International Financial Center in Russia implies that German and other foreign investors can trade directly on Russian exchanges and vice versa. The global practice demonstrates that the total trading volume increases when markets open, which is definitely positive for both sides».
Pavel Los, Head of International markets Department for FINAM investment holding, said that «for the first time in Russian practice trading on the Frankfurt exchange is possible without intermediaries, so that FINAM is the broker on the Frankfurt market».
Consequently, TRANSAQ gives direct access to the exchange, without any technological mediators.
The v.4.98 release includes technological and methodological optimization of the trading platform intended to increase productivity (TRANSAQ is recognized for leadership in productivity among the Russian internet trading systems).
The project reflects the company’s ongoing commitment to maintaining the highest technological standards for safe full-featured trading and relevant brokerage services.
If you have any additional questions, you may address them to our team by phone +7 (495) 380-4116 or via Email support@transaq.ru.
Information about the company
Screen market systems JSC was founded in late 1999. The company focuses on the development of real-time electronic systems for the financial markets. Its leading product is the trading system for broker-dealer services TRANSAQ, which is currently one of the most famous programming applications for the Russian stock market.