LIMASSOL, Cyprus, Aug. 6, 2012 /PRNewswire/ -- MeritKapital (MK), a CySEC licensed investment firm (077/06#) is very pleased to announce its collaboration with ARQA technologies for use of its QUIK software, a DMA (Direct Market Access) electronic trading platform. QUIK, a leading DMA provider in Russia, prides itself on having 280 financial institutions as clients which include brand names such as Rencap, Troika Dialog, VTB, Otkritie amongst others.
By utilizing this platform, MK can provide clients with DMA access to Russian as well as other international exchanges, including the London Stock Exchange.
This collaboration is yet another one of MK's efforts to aim higher in the field of electronic trading, a fast-evolving technological industry. Electronic trading has various degrees of complexity that may range from algorithmic trading; processing orders via an algorithm and often without human intervention, to smart order routing; routing orders to diverse liquidity venues for optimal trading techniques to high frequency trading; transactions sensitive to low latency required to capture optimal results.
MK deems it vital to develop a trading infrastructure that is highly versatile and reliable in this rapidly progressing and demanding business. This, of course, comes with an added advantage of trading out of Cyprus, the most beneficial tax jurisdiction in the EU.
Please contact info(at)meritkapital(dot)com, www.meritkapital.com
Ms Persella Ioannides
Director and Head of Investment Advice