Gateway
The Gateway is a hardware & software complex that improves the quality of user connection to the MICEX Trading System.
The Gateway performs two main functions: it retransmits all the trader’s transactions (order submission, withdrawal, etc.) to the MICEX Trading System and processes user requests for market data (securities, orderbook, orders, trades, etc.).
In the basic configuration, clients connect to one of the Gateways at the MICEX Technical Center. However, to improve the quality of services, it is possible to purchase local installation of the Gateway.
User requests for market data are processed by the Gateway with no need to send queries to the MICEX Trading System. This is explained by the use of an effective data replication model: the Gateway server accumulates all the trading information and rapidly sends it to users on request.
MICEX has performed a survey of some traditional brokerage systems and their connection architecture and received the following average results:
Local installation of the Gateway provides the following benefits:
- Higher market data refresh speed, because all the information is accumulated in the user’s local network, so there is no need to address the MICEX Trading System.
- The number of trade terminals is no longer limited by the bandwidth of a channel to the MICEX Trading System.
- Exclusive use of a Gateway server (as opposed to the shared use when a Gateway in the MICEX Technical Center is used).
- Significant reduction of traffic to/from the MICEX Trading System.
- Opportunity to set up a hot channel backup, where the Gateway server may be connected to the MICEX Trading System via two channels: main and backup. If one channel fails, the Gateway automatically switches to the other channel.