New in next release of securities market system
Dear securities market clients,
The next release of the securities market ASTS trading and clearing system is scheduled for 29 October 2018.
The following new features will be technically included into release. Information on their actual activation date will be announced later.
1. Prohibition to conclude interdealer REPO trades (i.e. without CCP) with a repo term which ends on a non-settlement date.
2. The USTRADES (unsettled trades) table will now display records for the second leg of REPO/deposit trades with CCP starting from the next day after the first leg settlement. Currently this information is only available on the second leg settlement date. This data is provided for information purposes only, so the settlement cannot be executed earlier than the actual settlement date.
3. Prohibition to conclude REPO with the Bank of Russia trades with a repo term which intersects the period between record date and coupon payment date.
4. Implementation on the trading engine level of REPO auctions w/o CCP with securities basket with settlement in the National Settlement Depository (NSD). The technology to be used is the same as for the currently existing trading modes for REPO with Bank of Russia with securities basket and NSD collateral management system. Auctions will be held on a new RAGK board.
5. New trading boards for REPO with general collateral certificate pool with settlement in Euro:
PEGC - REPO with CCP with GCP Neg.EUR
GERP - REPO with CCP with GCP 1d. EUR
GEOW - REPO with CCP with GCP 7d. EUR
GESW - REPO with CCP with GCP 14d.EUR
GEOM - REPO with CCP with GCP 1m. EUR
GESM - REPO with CCP with GCP 2m. EUR
GETM - REPO with CCP with GCP 3m. EUR
GEUM - REPO with CCP with GCP 6m. EUR
GEOY - REPO with CCP with GCP 1Y. EUR
The following new boards will be available to members of the deposit market:
DADE - TECH Deposits with CCP (EUR)
NDPE - Deposits CCP Negd. settled EUR
TDPE - Deposits CCP Mkt settled EUR
The first three of the above listed changes are now available on the INET_GATEWAY test environment.