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T+2 – how to live with it ?. Vladimir Kulyandchik , Director of business development. arqa.ru. arqa.ru. The principal question. T+2 - how to live with it?. Will ARQA be ready for T+2 start?. How to make money on T+2?. RUSSIA. WORLD. arqa.ru. Collateral and settlement.
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T+2 – how to live with it? Vladimir Kulyandchik, Director of business development arqa.ru
arqa.ru The principal question T+2 - how to live with it? Will ARQA be ready for T+2 start? How to make money on T+2?
RUSSIA WORLD arqa.ru Collateral andsettlement Broker terms for clients Exchange terms for brokers ‹ Delayed delivery — simplified DVP-service
arqa.ru Collateral and settlement Additional client services Increased volume of transactions Opportunity to buy stock for currency Real unified account Opportunity to open positions in derivatives marketfor cash or securities
arqa.ru T+2 and trading part ofQUIK NO CHANGES!
= arqa.ru T+2 and risk management Risk management — business unit Existing approaches will work! Different liquidity — different discounts Transaction date Settlement date Different positions for different dates Regulator's ideas?
arqa.ru T+2 and liquidity management T+2 T0 Settlement with exchange Tasks Settlement with clients
arqa.ru T+2 and liquidity management Exchange monitoring inQUIK New alerts, calculators, etc. Settlement with exchange Tasks Settlement with clients 100% preliminary deposit or cash/securities withdrawal? Monitoring clients’ liabilities for dates Netting clients’ liabilities Transfer of liabilities Allocation of funds Delivery to exchange
arqa.ru T+2 and back-office New reports for exchange and Clearing center of exchange— new business logic Changes in clients’ reports Tasks New commissions New regulation
arqa.ru T+2 andARQA Trading: minimalconnectivity improvements Trading service: Quotes history Online positions,pre-trade andpost-traderisks: Broker selection of appropriate model out of existing ones (100% preliminary deposit, marginal credits with single leverage and various discounts, separate keeping of positions Т0 andTn, unified cash position with derivatives market, unified position with FX market, etc.) Liquidity: Support of exchange functions inQUIK +«mid-oddice» functions inQORT solutions Integration ofbackQORT with exchange,adaptation to brokers’ business models Back-office:
arqa.ru Conclusions CHANGE YOUR MIND!
arqa.ru Contacts Consulting and testing +7 (383) 219-16-19sales@arqa.ru Technical support +7 (383) 219-16-06support@quik.ru+7 (383) 219-16-99support@qort.ru Thank you for attention!