FX EDA
FX EDA is a service whereby OSL provides electronic access to FX liquidity. Otkritie Bank provides firm quotes, which are based on real-time MICEX SELT data (the main money market in Russia). This service is aimed to automate and simplify currency conversion operations. FX EDA operations are available for OSL clients via QUIK Trading terminal and via FIX protocol. Currently Bank Otkritie quotes only RUR/USD pair with T+1 settlement (USDRUR_TOM instrument). The range of instruments currently available will be increased shortly.
FX DMA
FX DMA provides clients with a direct connection to MICEX SELT. The FX DMA product allows clients to incur minimal delays that can be achieved for ultra-high frequency FX trading. OSL provides clients with a login to MICEX SELT. Clients can connect to the MICEX SELT gateway using this or their own software. Clients can open segregated accounts for FX DMA operations, however only FX DMA operations can be executed on this account. The range of available instruments will constantly grow and now includes USDRUR_TOD, USDRUR_TOM for conversion operations and USD_TODTOM for swap operations.
REPO
OSL and Otkritie Bank are major participants of the local and international REPO and SLB markets, so we can provide for a wide range of securities for short selling. We are ready to provide financing against the collateral of a wide range of financial instruments, such as local and international equities, bonds, etc. Otkritie has the 5th largest REPO turnover in Russia. OSL has a good relationship with a number of the most active international participants in the SLB and REPO markets.
