RTS Has Launched New FIX Gateway in Test Mode

Devexperts, specialized in custom development of comprehensive financial software in the field of online securities and currencies trading, has designed a new version of FIX Gateway for RTS Stock Exchange.

The gateway is intended to share data between RTS’s trading system and other market participants. The new version of FIX gateway will allow for real-time order management on RТS futures and options market — FORTS based on the results of the previous evening trading session, as well as on RTS Classic market in anonymous electronic trading mode. Recently, RTS Stock Exchange has launched the new FIX Gateway in test operation.

The Financial Information eXchange protocol (FIX) is a world standard for international real-time exchange of market information. Any trading system can be easily configured to work via FIX protocol within just a few hours providing direct access to all exchanges and organizations utilizing the same standards. For RTS Stock Exchange, the FIX protocol was first implemented in April, 2008.

In operating mode, the new version of FIX gateway will start running from 18th August, 2008.

RTS is an integrated trading and settlement complex consisting of Not-for-profit partnership “Russian Trading System Stock Exchange”, “Open Joint Stock Company “Russian Trading System Stock Exchange”, “RTS Clearing Center”, ” RTS Settlement Chamber” and “St. Petersburg Stock Exchange”. The core of the RTS Group is Open Joint Stock Company RTS where the trading is facilitated. Established in 1995, as the first regulated stock market in Russia, RTS Stock Exchange now trades the full range of financial instruments from cash equities to commodity futures. International members of RTS include Deutsche Bank, CSFB, UBS, Morgan Stanley etc.

The RTS Index first calculated on September 1, 1995, has since become the main benchmark for the Russian securities industry and is based on the Exchange’s 50 most liquid and capitalized shares. More information about RTS Stock Exchange is available at: rts.micex.ru