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For more information fill in the contact form and one of our highly experienced sales representatives will contact you or simply call (+27)11 663 4383.

All of our solutions are tailored to suit our clients ever-changing market conditions.

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Securities & Trading Technology’s Exchange Solution integrates four individual solutions to create a fully comprehensive, end-to-end and back office solution suited to any exchange venue. The Exchange Solution was developed using state-of-the-art technology to ensure the solution is fast and efficient. Exchange Solution includes an Automated Trading System, a Management and Surveillance component, a Risk Management System and a full Central Depository System. Each individual solution is able to act
independently of one another or as a combined package.

For more information fill in the contact form and one of our highly experienced sales representatives will contact you or simply call (+27)11 663 4383.

All of our solutions are tailored to suit our clients ever-changing market conditions.

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form

exchange solution

STT’s Exchange solution is a truly comprehensive turnkey solution for all exchange venues. The solution consists of a fully automated trading engine, back office administration component, web
and desktop enabled vanilla trading front end, as well as a comprehensive Central Securities Depository and Multiple Instrument Clearing System. These individual components can work in isolation, integrating into existing or 3rd party components, or as an end to end exchange solution.

STT’s Exchange Solution makes use of the latest technologies, and uses industry standard protocols. This makes the life cycle from project initiation to go-live a seamless, and hassle-free
experience. Our wealth of experience in varied global exchange sites, implementing varied exchange topologies, across multiple asset classes and different regulatory frameworks, provide STT with an advantage in assisting prospective clients find the right fit for their environment. We aim to lower the total cost of ownership, adding no dependencies on specialised and expensive infrastructure, skill sets or any non-standard protocols.

The STT exchange solution supports the trading, clearing and settlement of all asset classes, from Spot Equity and Fixed Income products, Derivative products and Over the Counter products. As well as providing a platform for the trading of warehouse receipts and silo certificates for a formalised commodity market.

STT’s exchange solution manages the entire trading process

Business Benefits

• Enhancing Performance
• Providing Flexibility & Scalability
• 100% Reliable
• Future Growth

AUTOMATED TRADING SYSTEM (ATS)

STT’s Automated Trading System is a fully automated trading engine developed using state of the art technology which enables connectivity from anywhere in the world, having no dependence on fixed lines. For members of the exchange venue, a vanilla Front-End can be issued to the members or their clients who can then have DMA (Direct Market Access). By providing a fully automated and customisable desktop solution, clients gain full access to their portfolio/s, enabling them to trade directly with the exchange in their own name.

The system supports all asset classes, from Spot Equity and Fixed Income products, Derivative products and Over the Counter products. As well as providing a platform for the trading of warehouse receipts and silo certificates for a formalised commodity market.

The Administration module provides a front end for the administration and regulation of the market. Administering trading participants, settlement instructions, trading parameters and rules, all take effect in real time, and can all be configured to take place automatically. The ATS is self-sufficient, and no manual intervention is required to administer the market. Real time interfaces insure the ATS integrates with the administration module as well as Fortress CSD and third party CSD systems and trading front ends.

Key Features

•  Consolidated order book
•  Full Execution management 
• Algorithmic trading strategies  
• Electronic access via vanilla front end or via open API over Web
• Efficient order Routing 
• Any asset class (equity, fixed income, commodities, derivatives etc.)
• Multiple market structures (COB, OFF-EX, OTC)
• Flexible quotation conventions
• Comprehensive range of order types 
• Multiple trading methods (continuous matching, auctions etc.)
• Real-time publication of data ( trades, positions, risk, open interest)
• Real-time publication of statistics (high/low, VWAP, volume, RTOI)
• Full user management and system monitoring
• Automatic or manual exercise and assignment of options and settlements  
• Reporting into various formats
• Allows Real-time loading of Instruments and Entities, no waiting period
• Customised reports
• Integrates with third party systems (CSD/Trading front ends)
• Full regulatory management of market structure  (circuit breakers, price movement, limit restrictions)

CENTRAL SECURITIES DEPOSITORY (CSD)

The Fortress CSD (Central Securities Depository) System by Securities Trading Technology provides a robust, fully automated settlement system that enables the electronic management and settlement of all securities traded on an exchange. Fortress CSD has adopted best practices with regard to securities settlement and provides a central securities depository with all the tools necessary for securities settlement. Supporting any asset class, the Fortress CSD system interfaces with external payment systems to ensure delivery versus payment for all transactions to be settled.

Facilities exist to capture Over The Counter (OTC) trades and are captured via the browser interface or via SWIFT. The settlement process is the same as that of On-Exchange trades. 

User authorization of tasks is controlled by the integrated workflow module which is user-customizable. This workflow module follows all business processes end to end ensuring that each user has an accurate track of work items to be actioned. 

The Corporate Actions component makes extensive use of the incorporated Events Diary module which is a system wide Events Diary. Reminders and other actions required on relevant dates are sent to the workflow module.

Key Features

• CSD adheres to IOSCO principles CSD
• Any asset class (Bonds, Equities and Money Markets)
• Clearing, settlement and risk management for any type of security
• Straight through processing (STP) with automated SWIFT messages sent to clients continuously
• ISO150222 and ISO20022 standards,
• Central counter-party and bilateral clearing with support for multiple settlement cycles
• Allows Real-time loading of Instruments and Entities
• Full audit trails for all transactions
• Automated database updates from within the system simplifying IT roles in database maintenance
• Browser based view only access for Beneficial shareholders
• Full user management, system monitoring and dashboard monitoring facility
• Full Reporting module
• Integrates with the RTGS to provide secure delivery versus payment (DVP).
• Integrates with STT’s Automated Exchange Solution (ATS) real-time
• Integrates with third party exchange solutions
• Corporate action processing
• Issue, De-issue shares
• Dematerialisation/Rematerialisation: Integration with Transfer Secretary
• Pledge securities
• On and Off Exchange settlements

REAL-TIME RISK MANAGEMENT (RTRM)

Managing risk is an essential component in every business. Attempting to successfully control and mitigate that risk is something that proves to be an ever escalating challenge in the financial market environment. The Risk management module offered by Securities Trading Technology manages risk exposure in real time.

The Risk management module was developed for clearing firms, brokerages, and commercial, private and investment banks for the risk management of derivatives trading. The Risk management module will enable accurate and an instantaneous summary with regards to exposure on client - and broker trading accounts. The Risk Management Module serves as the exposure risk management component. The Risk module is a solution with many beneficial elements which are extended to the broker clients as a value-added service.

Key Features

• Real time margin requirement calculation
• Real time profit/loss calculation
• Real time cash and/or accrued marking to market
• Real time cash deficit calculation
• Pre-order risk management
• Risk limit settings per client and per asset
• Limit breach notifications
• Configurable trading rules per client and security