OREANDA-NEWS. September 18, 2012. Moscow Exchange announced the launch of its new trading platform Spectra to power FORTS and Standard markets in 2012.

Spectra is the first major software solution released after MICEX and RTS merged in December of 2011. The development team incorporated the experience of the past ten years and addressed technological shortcomings and limitations of legacy FORTS trading system. Development of Spectra required major architecture re-design to streamline future development and enhancements. One of the key requirements to develop Spectra was full back compatibility with the existing solutions used by brokers and their clients. The new architecture based on a modular approach with segregated trading and clearing modules will also simplify the launch of new products. The launch of Spectra for the FORTS and Standard markets will increase the trading and clearing systems" peak throughput to 30,000 transactions per second equalizing the parameters across all markets of the Moscow Exchange. The Moscow Exchange also recently announced plans to further upgrade its trading technology by building a next generation cross-asset high performance trading platform to go live in early 2015.

Spectra launch alongside with the major upgrades to the Moscow Exchange"s Equities and FX technology in late 2011 create a strong foundation to build upon in the coming years as the Moscow Exchange Group implements its strategy to upgrade trading, clearing and post trade infrastructure and harmonizing it with the international standards and making the Russian market more attractive both to local and overseas investors.