| Developers: | Sberbank |
| Date of the premiere of the system: | June 2022 |
| Branches: | Financial Services, Investments and Auditing |
2022: Platform Launch
In mid-June 2022, Sberbank launched the over-the-counter securities trading platform SberTrade. At the first stage, only federal loan bonds (OFZs) will be available on the electronic platform, but within a few months it is planned to start trading and corporate bonds.
 | The platform was a response to the challenges faced by the financial market in conditions of high volatility, narrowing liquidity and a decrease in the volume of the federal loan bond market due to a decrease in the number of non-residents, "the bank explained. |  |
Among the main advantages of the platform, Sberbank named the best liquidity in OFZ, providing free liquidity to the bank itself and its clients, which allows platform users to quickly conduct large operations. When implementing a client's request for the purchase or sale of securities, the best execution principles are used, that is, depending on the method of algorithmic execution, the best available path and pricing are selected, the credit institution noted.
Sberbank, developing a non-financial ecosystem, decided to go in parallel towards the financial one, believes Sergei Suverov, strategist at Arikapital Management Company. According to the analyst cited by Kommersant, this is how client flows are held in Russian securities, commission income increases and loyalty and additional monetization of the client base is ensured.
Independent expert Andrei Barkhota, in a conversation with the newspaper, noted that over-the-counter transactions with securities are a fairly stable segment amid restrictions on the capital market, risks of secondary sanctions and a general drop in liquidity.
| | Under normal conditions, commission income in such a market can reach up to 10 billion rubles, but in the current realities it is unlikely to exceed 3-5 billion rubles per year, he added.[1] | |
Notes
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