Central Asian Stock Exchange Implements QUIK Software from ARQA Technologies

The Central Asian Stock Exchange (CASE) in collaboration with ARQA Technologies, has successfully implemented QUIK software, significantly upgrading its trading platform in Tajikistan. ARQA Technologies was chosen through a competitive tender to replace the existing platform. The new system now serves as the matching backbone for CASE, handling client instructions, market data distribution, and pre-trade risk management.

The QUIK software, implemented within three months, is also used for primary public debt placements in Tajikistan, with plans to expand into secondary bond markets and other securities sectors in the future.