submit

iQrepos - icubic´s Electronic Repo Trading Solution

The basic concept behind iQrepos is simple – to optimally utilise the full potential of electronic repo trading. This goal is achieved by combining all relevant information required for the creation and execution of a repo trade into one application. The trader is presented with an integrative front-end system containing all functions.

iQrepos - System Architecture

  • Market Overview
  • Workflow
  • Price Functions
  • Connection
  • Admin

iQrepos - icubic´s Electronic Repo Trading Solution

The basic concept behind iQrepos is simple – to optimally utilise the full potential of electronic repo trading. This goal is achieved by combining all relevant information required for the creation and execution of a repo trade into one application. The trader is presented with an integrative front-end system containing all functions.

iQrepos - System Architecture

More Market Overview, more Possibilities

Connections to the individual repo markets enable a comprehensive display of all price quotes and a centralised management of orders assists with the execution of trades and with maintaining an overview of positions. Transaction data required for settlement is transferred electronically via a connection to the financial institution’s position keeping systems, which provides the trader with an overview regarding current security positions. Productivity is noticeably increased through the intelligent linkage of single functions. Based on supply of securities, the trader can quickly attain an overview regarding available market. All executed trades are immediately represented in the position display. Efficient and reliable interfaces connect iQrepos to the markets and to the financial institution’s internal systems. In addition to the trading functions, the system features intelligent administrative and monitoring tools which allow for an easy maintenance and secure the best possible system availability.  

iQrepos - System Architecture

Through the connection of the individual repo markets, e.g. MTS, Bloomberg or BrokerTex, price quotes from the consolidated markets can be combined. A central management facilitates the handling of orders and trades and improves the trader’s overview. In other words, all orders can be managed from one order template, independent of maturity and market-specific exceptions.

Automatic Workflow

Straight-Through-Processing via iSettle – icubic’s solution for efficient settlement joins the markets with the existing position keeping system of the financial institution and displays all positions and trade data in real-time. This is turn increases the execution capacity and reduces booking errors to a minimum.

Integrated Price Functions

Through iQrepo’s connection to information providers and the derivatives markets, the calculation of repo prices based on interest curves versus the current market prices provides the trader with a valuable decision-making tool. In addition, iQrepos also features an allocation tool for GC-repos with which system deposited baskets can be compared with the market and combined with the bank’s positions. This enables the trader to achieve an optimal allocation under consideration of all available market allocation rules.

Flexible Connection

iQrepos is connected via the iConnect interface to the markets, information providers and financial institutions’ internal systems. Currently, connections to BrokerTec, MTS Repo and EurexRepo are available and Reuters and Bloomberg are supported as information providers. Additional connections can be made available at short notice.

Simple Administration, Monitoring and Controly

In order to insure the reliability of the system, iControl was developed. Comprised of a service application, an admin tool and a comprehensive rights concept, it secures the maintenance and consistent stability iQrepos.

icubic official system partner of Börse Stuttgart

The long-standing close cooperation with Börse Stuttgart will be expanded in the future with icubic AG as their official system partner. This enables icubic to provide a technical connection to Börse Stuttgart’s new and innovative interface for the provision of liquidity in the bond market.

» more


Landesbank Hessen-Thüringen relies on iQbonds

Trusted and reliable partnership: After more than 3 years of strong cooperation, Landesbank Hessen-Thüringen (Helaba) has decided to increase their selection of services from the icubic AG portfolio by adding iQbonds 4.3. 

» more


DekaBank extends contract with icubic

For over eight years, DekaBank has been using software produced by icubic for the settlement of electronically traded fixed income bonds. The use of a reliable trading system and integrated gateways enables the bank ... 

» more


Contact Sales

icubic AG
Mittelstraße 10
39114 Magdeburg
Germany

Tel: +49 (0) 391 - 59 80 9 - 22
Fax: +49 (0) 391 - 59 80 9 - 99
E-Mail: sales@icubic.de

or use our  » contact form


Product Suite

In addition, further high-performing software solutions make up icubic’s product portfolio. With iQbonds, iQrepos and iQderivatives, icubic offers secure...
» more