This is the general idea of what the lifecycle of a regular order looks like:
It all starts with you as a client. You can either make an order via our trading platform or an API or turn to our Tradedesk for specific over-the-counter instruments. In both cases, the order goes directly to the market, be it an organized stock exchange or an OTC marketplace. As a result of your successfully fulfilled order, you obtain real assets against your deposited funds.
There are several instruments which require manual execution, apart from OTC instruments. They are provided on the platform in view-only mode:
Frankfurt Stock Exchange instruments (ticket: .FWB)
Bonds (except for MOEX and several other markets)
Execution of voice orders for these instruments is free of a manual execution fee.