National Bank of the Kyrgyz Republic (Money Market System)

Implementation of Automated Securities Trading, Forex And Money Market System

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Kyrgyz Republic, Bishkek
June 25, 2013

National Bank of Kyrgyz Republic launched Automated Securities Trading, Forex and Money Market System (ATS). ATS is based on DEPO/X product - CMA Small Systems AB hybrid solution offering the full functionality of Central Securities Depository (CSD) and Automated Trading System (ATS). DEPO/X hybrid solution installed at NBKR has the following modules:

• Central securities depository;

• Securities trading platform;

• Forex module;

• Money market module.

ATS is integrated with Real-Time Gross Settlement system and provides true Delivery versus Payment (DvP) model settlement for the trades.

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