Novelties of Financial and Stock Exchange software

The Six Annual Conference-Exhibition “Novelties of Financial and Stock Exchange software” took place on February 25-26, 2009. Moscow Interbank Currency Exchange (MICEX), the organizer of the exhibition, presented to the financial community the newest developments in performance automation of stock exchange, banks, mutual funds, and investment, management and insurance companies.

The representatives of exchanges, brokerage and IT companies took part in the conference to share their experience, propositions, analytical researches and ideas concerning the global financial crisis and anti-recessionary measures.

Grigory Baytsur, responsible for interaction with external systems, the Department of MICEX trading system development, announced the latest research of algorithmic trading systems, and the intention to facilitate cooperate with the developers of such systems. In spite of the decrease of trade volumes caused by the recent bear market and general economic recession, technological activity of market participants has been growing steadily. In February 2009 the daily volume of trades processed to MICEX Stock Exchange reached 600 000 orders per day and 400 orders per second. The researches prove that about 30% out of all orders executed by MICEX trading system are provided by algo bots.

Artem Kozyrev, the Project Manager of Devexperts, provided a brief presentation of Saturn BackOffice System intended for information management and reporting on financial and investment activities of brokers, dealers, investment companies and custody.

At the exhibition Devexperts presented its new product line:

  • FIX&FAST Gateway
  • dxBackoffice System
  • dxRisk RiskManagement System
  • dxFeed MarketData Distribution Service
  • MARS Monitoring & Reporting System