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Forts And RTS standard markets migrate to Plaza II platform

03 February 2010  |  1220 views  |  0 Source: Forts

Effective February 5, 2010 a new trading platform based on the protocol Plaza II will be implemented.

The migration of the trading system of FORTS and RTS Standard to the protocol Plaza II is a scheduled step towards consolidation of all the RTS markets and its clearing, settlement, statistics and reporting systems onto one trading platform based on the internal protocol. The main changes in the infrastructure are related the transition of the data dissemination and order management systems from MS SQL technology to Plaza II.

The new platform will enhance performance of the FORTS trading platform and speed up processing of transactions by the core of the system. Employment of the PUSH-technology for data dissemination will allow market participants flexibility in administering the incoming traffic thanks to optimized data flows. It will also significantly reduce the latency with which market data is refreshed. In addition migration to the new platform will broaden the opportunities for direct access to trading due to implementation of new procedures in the API* gateway (P2ClientGate).

The exchange expects all market participants to have completed the transition to the new platform within a year, with full support from the exchange.

 

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