Scila AB has announced a six-month contract with high-frequency trading (HFT) firm Optiver, in which its market surveillance product will be evaluated for its capabilities in the Asia-Pacific region.
The contract win follows a three-month proof-of-concept trial with Optiver. During this time, Scila rolled out surveillance systems for two markets in the region.
"We are glad to continue our relationship with Optiver Asia-Pacific and demonstrate our ability to tailor a surveillance system to [its] specific needs," says Lars-Ivar Sellberg, executive chairman at Scila.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails