Ullink to Manage DMA for Russian Bank
Russian brokerage Uralsib Capital─Financial Services has appointed Ullink to provide and manage software and services for the bank's direct market access (DMA) clients.
Uralsib Capital will use Ullink's fully hosted trading solutions to Russia's Micex-RTS Russian equity and equity derivative exchanges.
"By partnering with Ullink we now have a significantly enhanced DMA offering that will be of huge benefit to our high frequency and algorithmic trading clients," says Denis Svechnikov, head of DMA at Uralsib Capital─Financial Services. "As the Russian economy becomes increasingly attractive to our international clients, this enhanced service will make accessing these markets easier and more compelling for our clients."
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