Uralsib Capital - Financial Services LLC, a licensed brokerage company authorized and regulated by Federal Financial Markets Service in the Russian Federation and an official participant on the MICEX-RTS exchange, has appointed Ullink to provide and manage software and services that will enhance the capability and services offered to the bank's direct market access (DMA) clients.
Ullink is a global provider of trading software and services specializing in high touch and low touch trading solutions. URALSIB Capital - Financial Services will use Ullink's fully hosted trading solutions to Russia's MICEX-RTS Russian equity and equity derivative exchanges.
Denis Svechnikov, Head of Direct Market Access at URALSIB Capital - Financial Services, said: "By partnering with Ullink we now have a significantly enhanced DMA offering that will be of huge benefit to our high frequency and algorithmic trading clients. As the Russian economy becomes increasingly attractive to our international clients, this enhanced service will make accessing these markets easier and more compelling for our clients."
"We are pleased to facilitate fast and efficient trading for URALSIB - Financial Services with our established trading platform" said Laurent Useldinger, Chief Executive Officer at Ullink. "Many financial firms are looking to lower operational costs by outsourcing their connectivity and order management needs; our global solutions address these needs with a proven track record."