ARQA Technologies, one of the major players in technologies for financial markets, continues developing solutions for the European markets for complex trading infrastructures, powered by QuantHouse data and hosting services. The new opportunities are the result of high demand for ARQA OMS – a classic OMS for sell-side companies which use Sales&Trading approach in servicing clients.
As a result of the cooperation with QuantHouse, new opportunities are emerging in deploying ARQA OMS in European financial markets. The collaboration is twofold: one is feeding ARQA OMS with fast, well-normalized and truly global market data. The other is hosting ARQA OMS at QuantHouse’s data centre in London. The latter enables clients to use ARQA OMS as a service and simplifies connectivity to exchanges and execution brokers who are members of the QuantHouse API Ecosystem.
ARQA OMS is a part of the global QUIK OEMS with connectivity to over 30 trading venues and sophisticated inbuilt risk management. The solution has been installed at 7 banks and broker-dealers trading globally.
Igor Sukhanov, Trader at SOVA Capital, said: “ARQA OMS is used for processing and systematization of client flows in equities. It allows our clients to receive live fills during order execution which is extremely important for internationals. It also allows us to send ALGO orders straight from a client ticket. We are waiting for new tools to be added to make it more flexible when working with different currencies.”
Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse, said: “We believe that OMS and advanced trading solutions available as a fully managed service is the way to go for the industry. Services available on demand are cost-effective and integrate new features or regulation rules with more flexibility. We are happy to welcome ARQA Technologies as part of our qh API Ecosystem as this new service has the capability to scale to match trading and performance requirements for large investment banks through to regional players.”
Vladimir Kulyandchik, Director of business development, ARQA Technologies, shared his view on the importance of cooperating with QuantHouse: “The multi-asset, venue-neutral OEMS platform we have developed for nearly 20 years might be used to handle various tasks including Sales&Trading. We are really pleased that more and more clients trust our products. 10 years of cooperation with QuantHouse helps open up new possibilities for our most advanced solutions such as ARQA OMS while making them more global and universal.”