iQrepos - Smart Repo Trading

Orders for all markets can be created and managed within one input mask. Thereby, the system supports market-specific features, such as different order types, hidden sizes and minimum volumes, and the user can determine individual durations for the instruments. With only one click, all orders from can easily be set offline and , e.g. after lunch, set online again. iQrepos also comprises a mature rights management with which e.g. the responsibility for securities and their related orders can easily and quickly be assigned to other traders. The clearly arranged order and trade blotter complete iQrepos. The order blotter provides information about all existing orders and their current status whereas all executed trades are displayed in a central trade blotter, including their individual booking status. If the status is not correct, the relevant booking step can immediately be triggered again.

The transaction data sent by the market are clearly displayed for the trader and are automatically forwarded to the position keeping system, containing all required and, if necessary, enriched information. Thus, the error rate during the booking of transactions can be decreased considerably as manual entries are no longer required. After the successful booking, an automatic comparison between the position keeping system and iQrepos takes place. Thus, it is possible at any time to trace back all executed transactions. Taking into account the entire process, the resulting time saving leads to a significant increase in settlement capacity.

Regulations and standards ensure stability and security in cross-linked and more and more complex business environments. Of course, iQrepos implements all necessary regulatory requirements and standards. With the realisation of the publication obligations of the Financial Instruments Market Directive (2014/65/EU), known as MiFID II, protection for investors and more transparency in the securities trading are created. With the upcoming Securities Financing Transaction Regulation, known as SFTR, iQrepos implements further regulatory requirements. All market participants are obliged to report all securities financing transactions to an authorised transaction register. Thus, the risk can reduced and more planning security for the investor can be guaranteed. iQrepos implements the forwarding of different information such as transaction data, credit/securities data as well as the methods used for the provision. In addition, iQrepos checks the information for legitimacy, completeness and precision.