EGAR Market Maker

Specialists of EGAR Technology company developed the module EGAR Market Maker intended for automation of work of market makers on maintenance of securities liquidity on MICEX Moskovskoy marketplace of the Exchange namely for automatic drawing of purchasing requests and sale according to the set algorithms.

The module EGAR Market Maker functions running the EGAR Connect system, gets access to exchange data, such as quotations, requests, transactions, and allows to make operations on the stock exchange, to expose and remove requests with the minimum time delays. According to the set algorithms and settings a system traces in real time a set of parameters and on their basis automatically exposes requests in the trading system for the purpose of maintenance of the prices, demand, the offer and the trading volumes for the set tools.

Delivery of basic functionality of EGAR Market Maker included automatic drawing of requests for maintenance of the set gap, support of any algorithms of drawing of requests, tracking of restrictions (a purchase/sale quota, the marginal prices) and protection against robots.

The developed solution gives to participants of stock exchange market such opportunities as support of different algorithms of drawing of requests and their change, work with a set of securities at the same time, application of different algorithms for different securities, fast processing of exchange data and also use in algorithms of any data provided by the exchange and connection of additional data sources.

The director of the department of automation of investment activities of EGAR Technology Armen Shakhnazaryan notes: "The first representation of the module EGAR Market Maker attracted noticeable interest of market makers and other participants of financial market. During creation of a system by EGAR Technology developers all main requirements to an algorithm of drawing of requests from the tripartite agreement signed between the Moscow Exchange, the issuer and the market maker were considered. We wait for new addresses and are ready to development of a product".

The module EGAR Market Maker developed on the EGAR Connect platform enters the line of the products EGAR Technology of automation of investment activities of the financial institutions which are functionally covering such areas as trading, asset management, risk management, control of limits, derivative transactions, providing financial information and data analysis.