Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
NTPro
World exchanges

Moscow Exchange wants to buy NTPro platform

31.03.2021
2 min read

Moscow Exchange acquired about 17% of shares of NTPro platform

The Moscow Exchange is actively developing. Not so long ago it put into circulation shares of foreign companies, and now it became known about the acquisition of 17% of the electronic platform NTPro, which deals with trading operations. This purchase is the first stage of the stock exchange to implement the strategy of owning 100% of the company’s securities package, which is designed for 3 years.
Now the owner of the platform, developed by NT Progress, is BierbaumPro. The latter has concluded an agreement with the Moscow Exchange for the phased acquisition of NTPro. The amount for which the trading platform is planned to purchase the platform is not disclosed, according to the statement, it will depend on financial performance and product development in general.
Startup “NT Progress” was founded in 2016. Since its inception, it has grown from a small firm to a large company, which provides solutions for various operations on the Russian OTC market. Its platforms are used for electronic trading using a variety of currency instruments. About 30 banks are clients of “NT Progress”. Last year, the average daily turnover of the NTPro platform was about $4.5 billion.
The decision to buy the product was made by the Moscow Exchange in order to expand opportunities for its clients. Cooperation with “NT Progress” will allow to apply for trading activity the thought-out functionality of NTPro, which will be supplemented with clearing and settlement products available on the capital market. The platform provides users with various services for latching, liquidity aggregation, there are also convenient algorithms for analyzing processes and an optimal set of currency instruments.

NTPro

NTPro has clear functionality, it is compatible with popular operating systems, including Windows, Linux, macOS. The platform does not require any special features from the technology, it works perfectly on stationary PCs and notebooks with processors of different generations.
The user can view the history of trade operations for the selected period, and filter the transactions based on the required parameters. Data can also be uploaded to a separate document. NTPro supports more than 60 names of liquidity providers, allowing both limit and margin trading. To manage positions, you can select the automatic mode, and manage transactions both through the terminal and through the Websocket API.
In addition to the convenience for customers, the platform is designed with security and data storage in mind. All information is protected from hacking, and backup allows you to restore the necessary information.
In addition to cooperation with “NT Progress”, the Moscow Exchange acquires shares in other companies. An example is the deal with Digital Partner, which was concluded early last year. At that time, the trading floor acquired almost 11% of the company’s shares and became the owner of a 12.5% stake; before that, it had slightly more than 1% of securities.

Tags: World exchanges
0
Previous Post Wall Street analysts recommend buying Virgin Galactic shares Next Post Warren Buffett Holding bought Bank of America shares

You Might Also Like

Laos cryptocurrency exchanges
World exchanges
Two cryptocurrency exchanges in Laos received approval from the country’s Central Bank
24.06.2022
Nasdaq Inc
World exchanges
Nasdaq Inc has tightened its public offering rules for foreign companies
20.01.2021
European stocks
World exchanges
How European stocks react to current processes in the world market
02.09.2020
London Stock Exchange
World exchanges
The London Stock Exchange has announced the acquisition of Refinitiv
25.05.2020
drop in oil prices
World exchanges
Drop in oil prices: long-term forecast from IMF
23.08.2020
Hang Seng
World exchanges
Chinese technology corporations have entered the main index of Hang Seng Hong Kong Stock Exchange
30.01.2021

Recent Posts

  • 1DoorDash
    How DoorDash food delivery service succeeded in the U.S. market
    29.06.2022
  • 2Performance marketing-1
    What you need to know about performance marketing: its trends
    28.06.2022
  • 3Counterparty risk definition
    Counterparty risk: when it is important to measure its level
    27.06.2022
  • 4Inflation in Europe
    Inflation in Europe to outpace that in the US: analysts forecast
    26.06.2022
  • 5OpenSea NFT platform
    OpenSea’s NFT platform hits the $13.3 billion mark
    25.06.2022

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Social media

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

billionaire John DeJoria
John DeJoria: from a homeless man to a billionaire
30.06.2022
DoorDash
How DoorDash food delivery service succeeded in the U.S. market
29.06.2022
Performance marketing-1
What you need to know about performance marketing: its trends
28.06.2022

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh – an expert in marketing and project management, IT consulting, international investments, investor, financial analyst. A commodity trader, private consultant, entrepreneur, lecturer, author of several articles on the stock market.

Popular Posts

  • Skolkovo analysts: the Russian energy market is suffering losses
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.
  • Chaslau Koniukh: trade war with China and its risk for the world market
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram
  • Biography

Chaslau Koniukh – an expert in marketing and project management, international investments, financial analyst.

Social media

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics