OREANDA-NEWS. April 27, 2010. The MICEX Group has put into operation a trading and clearing system (TCS) based on a 64-digit platform for the MICEX standard contracts (derivatives) market. The launch of a new version of the MICEX TCS has enabled to greatly increase the information capacity and the performance of the system. This provides the capacity needed to handle the rapidly growing number of transactions sent by participants in trading and, in particular, by the systems of algorithmic trading.

An important result of the implemented project was the creation of the version of the access server (Gateway) for Linux/Intel platform. This version features high performance and has become popular among participants in trading in the stock market. Given the growth in the volume of trading in the MICEX Group’s derivatives market in recent months, the availability of such a system has become particularly important.

According to Maria Shumova, Deputy Head of the Office for Broker Operations of Otkritie Brokerage House, “the creation of Gateway system for the derivatives market will enable us as a broker to increase the efficiency and dynamism of our clients’ operations in the MICEX derivatives market. It is also important and that the derivatives market access server was created on the hardware platform common with the stock market access server. This enabled us to offer our clients a better quality product without increasing costs.”

An additional advantage of the version of the access server for Linux platform is the fact that participants in trading who active trade in several markets can use one main hardware access server for all markets.