projects for banks
Market Tracker
for the Central Bank
High volatility of Russian financial markets in 2014-2015
became an important catalyser of the Central Bank's
demand for more control over local trades
became an important catalyser of the Central Bank's
demand for more control over local trades
In 2015, Thomson Reuters signed an agreement with the Russian Central Bank on the implementation of the Market Tracker, a system for the real-time collection, aggregation, and visualisation of data about thousands of interbank FX / MM deals executed on Thomson Reuters Dealing, the venue for more than 90 % of such deals in the country
The Market Tracker gave the regulator full visibility of trading volumes and exchange rates across the whole range of currency pairs. Moreover, the system highlighted unusual trades and deals that were not aligned with the market dynamics or outliers.
Before the project was implemented, commercial banks reported their FX / MM Dealing statistics to the Central Bank on the following day, whereas the Market Tracker helped the national regulator get real-time access to these data and quickly respond to market events by active interventions or public statements.
Before the project was implemented, commercial banks reported their FX / MM Dealing statistics to the Central Bank on the following day, whereas the Market Tracker helped the national regulator get real-time access to these data and quickly respond to market events by active interventions or public statements.
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© 2023 Tridatix. All rights reserved.