Monday December 12 2016
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Germany
Link: http://www.boerse-berlin.com/index.php/Media_Centre/Press
Börse Berlin, the German exchange founded in 1685, has chosen to implement Scila Surveillance, provided by the Stockholm-based independent surveillance technology provider Scila. Scila will provide Börse Berlin with a real-time market surveillance solution. The Surveillance system will be used by Börse Berlin to monitor and prevent Market Abuse and Insider Dealing, protecting investors and strengthening confidence in the financial markets.
Scila provides real-time market surveillance solutions to a wide range of financial industry firms, including exchanges, regulators and trading firms. Exchanges using Scila technology include Deutsche Börse, New York Stock Exchange, London Stock Exchange and a wide range of regional and specialised market places. The system is fully compliant with the Market Abuse Regulation (MAR) and includes a selection of alert rules and reports, search and replay functionality as well as visualisation views.
Click on the link above for further details.