Thursday April 18 2013
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Brazil
Link: http://www.nasdaqomx.com/newsroom/pressreleases/pressrelease/?messageId=1173787&displayLanguage=en
The NASDAQ OMX Group, BM&FBOVESPA, the Brazilian Securities, Commodities and Futures (BVMF3) Exchange, and BM&FBOVESPA Market Supervision (BSM), have announced the official go-live of NASDAQ OMX’s SMARTS Integrity market surveillance platform across Brazil’s equities, commodities and futures. BM&FBOVESPA’s Equities market has been working with SMARTS since 2011, and now the Commodities and Futures markets will be monitored on the PUMA Trading System platform.
BM&FBOVESPA and BSM, the Brazilian self-regulatory organization in charge of BM&FBOVESPA market surveillance and supervising market participants, are now equipped with an automated solution for market oversight, which also strengthens their current surveillance capabilities. Utilizing SMARTS Integrity will ensure the Brazilian marketplace has a comprehensive portfolio of alerting scenarios across a wide range of market behaviours, for detection of even the most sophisticated trading scenarios.
Click on the above link for more details.