Nasdaq to Power EBS BrokerTec's Market Surveillance Efforts
(Thomson Reuters ONE) -
EBS BrokerTec to leverage the multi-asset capabilities of Nasdaq's SMARTS system
to perform surveillance in the US Treasuries, FX and US & EU repo markets
NEW YORK and LONDON, Feb. 16, 2017 (GLOBE NEWSWIRE) -- Nasdaq,
Inc. (Nasdaq:NDAQ) today announces that it has been competitively selected to
deliver its SMARTS Market Surveillance technology to EBS BrokerTec, a NEX Group
business that provides electronic trading technology and services to the fixed
income and foreign exchange (FX) markets. SMARTS Market Surveillance will be
integrated within the EBS and BrokerTec platforms to monitor the US Treasuries,
FX, and US and EU repo markets order submission and trading behavior. Nasdaq and
EBS BrokerTec have been technology partners since 1999.
"The EBS and BrokerTec platforms are the industry standards for the markets that
we operate in and as such we have an obligation to protect the integrity of the
FX and fixed income markets at all times," said Dan Cleaves, Co-Head of EBS
BrokerTec Markets. "Nasdaq's SMART Market Surveillance technology is the most
advanced in the market and will support us in monitoring overall trading
activity and ensure a healthy ecosystem for all of our customers."
SMARTS Market Surveillance uses contextualized detection algorithms to identify
the entire spectrum of trading behaviors across multiple products.The platform
is able to detect patterns in real-time and has been implemented in all asset
classes, including equities, fixed income, FX, derivatives, swaps, commodities
and power. Alerts and visualisations specific to these asset classes enable the
analyst to quickly identify issues and explore the data for further behavioural
discovery.
"We are thrilled to expand our long and successful partnership with EBS
BrokerTec as they continue to invest in new technologies that will support their
efforts in trade monitoring and maintaining the integrity of their global
markets," said Lars Ottersgård, Executive Vice President and Head of Market
Technology, Nasdaq. "Nasdaq is constantly innovating our surveillance solutions
to the benefit of our clients like EBS BrokerTec. We are deeply focused on
exploring and leveraging the technologies of tomorrow that we can deliver to our
clients today."
About NEX Group
NEX Group plc offers customers better ways to execute trades and manage risk.
Our products and services underpin the entire trade lifecycle pre-, during and
post-execution. Our electronic trading platforms are industry standards.
Customers use our lifecycle management and information services to optimise
portfolios, control risk and reduce costs. We partner with emerging technology
companies to bring greater efficiency, transparency and scale to the world's
capital markets. NEX is headquartered in London with offices worldwide. For more
information, please visit www.nex.com
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq enables customers
to plan, optimize and execute their business vision with confidence, using
proven technologies that provide transparency and insight for navigating today's
global capital markets. As the creator of the world's first electronic stock
market, its technology powers more than 85 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to more than 3,700
listed companies with a market value of $10.0 trillion and approximately 18,000
corporate clients. To learn more,
visit: nasdaq.com/ambition or business.nasdaq.com
NDAQG
For Media Inquiries:
Nasdaq:
Ryan Wells
ryan.wells(at)nasdaq.com
Direct: +44 (0) 20 3753 2231
Mobile: +44 (0) 7809 596 390
NEX Group:
Bryony Scragg
Bryony.Scragg(at)nex.com
Direct: +44 (0) 207 818 9689
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nasdaq via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 16.02.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 524739
Anzahl Zeichen: 4754
contact information:
Town:
New York
Kategorie:
Business News
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