Moscow Exchange, a prominent financial institution, is set to introduce significant technological enhancements to its Securities market system effective March 1, 2025. These changes are strategically aimed at ensuring the technical infrastructure is robust for the upcoming experimental trading sessions on weekends.
One of the key modifications involves the introduction of a new mandatory attribute in various trading reports, such as the Order register and Trades register, indicating the trading session date. This addition aims to enhance the transparency and efficiency of trading activities. Furthermore, specific values denoting the session number have been included in these reports to distinguish the additional weekend session, thus streamlining the reporting process.
To support these changes, updated specifications for trading report formats can be accessed on the Moscow Exchange website, while related files for printed report forms are available on the MOEX FTP server. During the additional weekend session, designated reports will be disseminated at specific times to provide comprehensive information on market activities.
In the realm of clearing reports for the Securities Market, a similar mandatory attribute reflecting the trading session date has been incorporated to ensure accurate record-keeping and accountability. Clearing reports following the additional weekend session will not be generated separately but will be included in reports distributed after the main session, consolidating all trading data effectively.
Additionally, Moscow Exchange is introducing new versions of the ASTS Bridge broker interface, namely Broker53 and BrokerRisk53, with updated functionalities to align with the evolving market requirements. These enhancements encompass the inclusion of new fields in various tables to facilitate seamless trading and clearing operations, enhancing the overall user experience.
Moreover, the Exchange is implementing changes in the client registration service to accommodate operations related to short trading codes on multiple markets during weekends. This streamlined process aims to expedite client registration while ensuring operational efficiency and accuracy.
Furthermore, all members are automatically enrolled in the additional weekend session unless they explicitly opt out, with provisions in place for members to request exclusion if desired. This move is geared towards promoting inclusivity and flexibility within the trading ecosystem.
In conclusion, the Moscow Exchange’s proactive approach in adopting technological upgrades underscores its commitment to fostering a dynamic and efficient Securities market system. By embracing these changes, the Exchange aims to elevate market transparency, operational efficiency, and user experience, ultimately benefitting market participants and stakeholders alike.
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