Russian brokerage BCS has selected QuantHouse, the provider of next generation trading solutions, to launch low latency market data for MICEX-RTS Russias main equity market. In addition, BCS is leveraging its trading infrastructure and advanced algo-trading development tools.
As a result of the MICEX-RTS merger, there is an even greater demand for faster and more efficient trade flows in Russia, comments Nils Jahn, head of Prime Brokerage and CRM at BCS. Against a backdrop of under-developed electronic trading for financial firms within the country, BCS has been at the forefront of adopting innovative products to keep both our clients and ourselves ahead of the curve. Our business has had a very successful few months in which we climbed to first position on MICEX, are now in the top three on the local FX market SELT and are in the top three on FORTS, with a strong positive trend upwards.
QuantFEED allows BCS to offer its international clients access into the matching engine and Russian data through a consolidated feed. In conjunction with this, QuantLINK provides the trading infrastructure, while the implementation of QuantFACTORY will optimize each step of the automated trading development cycle, from data acquisition to alpha discovery and from back-testing to production.
(JDC)