Верификация технологических платформ Лондонской фондовой биржи Иосиф Иткин, Exactpro CEO, London Stock Exchange Group

1. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com1
Верификация технологических платформ
Лондонской фондовой биржи
Open Access Quality Assurance & Related Software Development for Financial Markets
Tel: +7 495 640 2460, +1 415 830 38 49
www.exactpro.com
Иосиф Иткин, Exactpro CEO, London Stock Exchange Group
8 октября 2016

2. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com2
Exactpro Systems
Page
2
• A specialist firm focused on functional and non functional
testing of systems that process wholesale financial products,
particularly market infrastructure
• A UK company with operations in the US and four QA &
software development centres in Russia
• Part of London Stock Exchange Group as of May 29, 2015
• Incorporated in 2009 with 10 people, our company has
experienced significant growth as satisfied clients require
more services; now employing over 400 specialists

3. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com3
London Stock Exchange Group
Trading 23.3%
Clearing 33.8%
Information 36.5%
Technology 5.7%

4. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com4
London Stock Exchange Group
• A leading diversified international exchange and infrastructure group with assets across the entire exchange value chain
• The Group can trace its history back to 1698
• Headquartered in the United Kingdom, with significant global operations, the Group employs approximately 3,500 people
• Post trade and risk management services are a significant part of the Group’s business operations
• Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with
approximately $10 trillion benchmarked to its indexes

5. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com5
Information Services
The May 6, 2010, Flash Crash, was a United States trillion-dollar stock market crash,
which started at 2:32 p.m. and lasted for approximately 36 minutes.
Event is attributed to HFT, large directional sell, index arbitrage and market manipulation

6. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com6
Information Services
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking
and analytic services with approximately $10 trillion benchmarked to its indexes. The
Group also provides customers with an extensive range of real time and reference data
products, including SEDOL, UnaVista, and RNS.

7. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com7
Information Services

8. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com8
Clearing

9. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com9
Clearing
February 1995 - Following the discovery of substantial trading losses on
overseas the house account closed out at a gross loss of approximately
£6k, compared with total margin cover held by LCH of approximately £11m
September 2008 - LCH successfully resolved $9 trillion of Lehman Brothers
OTC interest rate swap defaults

10. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com10
Характеристики биржевой системы
Время обработки заявки: < 100 микросекунд
Это в 3000 раз быстрее мгновения ока
Луч света успевает пройти 30 километров
Самолет успевает пролететь 3 сантиметра
Заявок в секунду: десятки тысяч
Заявок в день: сотни миллионов

11. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com11
Характеристики биржевой системы
“There are three ways to make a living in this
business: be first, be smarter, or cheat”

12. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com12
Задачи биржевой системы
Обеспечить упорядоченное, справедливое и
отказоустойчивое функционирование финансовых рынков
Не допустить:
• Манипуляция ценами
• Переигрывание объемами
• Уход от налогов
• Финансирование зла
• Инсайдерская торговля
• Проскальзывание перед клиентом
Часто легитимная активность выглядит как злоупотребление, и наоборот
Анализ данных:
• Нечеткая логика
• Гибкая конфигурируемость сценариев
• Формальные критерии сами по себя не являются доказательством манипуляции
• Операторам системы предоставляется возможность восстановить события и
складывать доказательства по каждому случаю потенциального нарушения

13. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com13
Компоненты биржевой системы

14. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com14
Компоненты биржевой системы

15. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com15
Automated testing
Compares intended and received
results
Automated end 2 end
clearing system testing
Automated monitoring,
analysis and reporting
75K messages / second from a single CPU core
Measures latencies in microsecond range
A variety of algoes simulating end-clients
will run and see how system performs
Build Software to Test Software

16. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com16
Инструменты для Тестирования
Execute a test regression and make it:
as extensive as possible
as efficient as possible

17. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com17
A set of Minirobots Algorithms allowing to perform a complete test
regression of a trading system within a few hours
All Robots work concurrently against the test environment
Robots are independent from each other, and their actions are based
on current conditions on the order books
Robots use an abstract Test Library and their main goal is to cover all
test cases within the library
Инструменты для Тестирования

18. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com18
Нагрузочное Тестирование
System
Under Test
Production
Connectivity
Test
Tools
Infrastructure:
≈ 10 - 100 servers
infrastructure:
thousands of servers
infrastructure:
1 - 4 servers

19. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com19
Нагрузочное Тестирование

20. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com20
Нагрузочное Тестирование

21. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com21
Измерение Задержек

22. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com22
Измерение Задержек

23. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com23
Нефункциональное Тестирование

24. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com24
Тестирование Алгоритмов

25. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com25
• Competing conference papers go through a review by a number of leading software
development and analysis experts and scientists
• The best papers are recommended for their inclusion in Russia’s leading professional and
scientific publications
The fourth TMPA conference in March, Moscow, Russia
Find out more: www.tmpaconf.org
Renowned experts in program engineering speaking on:
• software test automation
• static program analysis
• verification
• dynamic methods of program analysis
• analysis of parallel and distributed systems
• testing and analysis of high-availability systems
• analysis of hardware and software systems
• methods of building quality software
• tools for software analysis, testing and verification
Software Engineering Conferences

26. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com26
Офис в Саратове
ул. Рабочая, д.145А (12 этаж)

27. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com27
Toronto
New York
Tysons Corner
Montreal
Portland
Seattle
Dubai
Colombo
Johannesburg
Sydney
Singapore
Hong Kong
Moscow
Oslo
Paris
Milan
Athens
Vienna
London Amsterdam
A specialist firm operating an open access model
with focus on functional and operational testing for global financial markets worldwide
A UK company with operations in the US and four QA & software
development centres in Russia
Part of LSEG Since May 29, 2015
Incorporated in 2009 with 10 people, our company has
experienced significant growth as satisfied clients require more
services;
Now employing over 400 specialists
A Global Client Network

28. Open Access Quality Assurance & Related Software Development for Financial Markets Tel: +7 495 640 24 60 , +1 415 830 38 49
www.exactpro.com28
The sixth EXTENT conference will be held in
London, UK .
Find out more:
www.extentconf.com
– LSEG Technology and Quality Assurance
– Risk controls and FPGA
– Market Surveillance systems
– Blockchain and trading technology trends
– Artificial intelligence
Thank You
Software Testing Conferences