Bursa Malaysia has gone live with the SurveillanceTM System for trade oversight from MillenniumIT, part of the London Stock Exchange Group.
Integrated on New Year's Eve, the surveillance software covers both equity and derivatives markets to support Bursa Malaysia's monitoring of trading behavior across its business. SurveillanceTM allows for the identification of trading patterns at various levels across an exchange's participant base, from brokers to individual investors, and includes market replay functionality for forensic analyses of events.
"Given the size, complexities and level of technical sophistication of markets, stock exchange regulators are constantly striving to meet one of today's most difficult challenges─that of effective supervision of a dynamic capital market," says Dato' Tajuddin Atan, CEO of Bursa Malaysia. "Effective surveillance is an essential requirement for a well-functioning capital market that emphasises investor protection and market integrity."
More from Sell Side Technology
Updating your subscription status
CALL-FOR-ENTRY NOW OPEN
Call-for-entry is now open for the 2nd annual Sell-Side Technology Awards 2014, which take place in New York on April 15. For more details of the criteria across the 24 award categories that recognize the leading technologies and third-party vendors in their area of expertise click here.
A fast, flexible and reliable investment decision-making process must be based on access to accurate and consistent information throughout an organization....
We have truly entered the Age of Bring Your Own Device, or BYOD. And as with every new era fuelled by innovation, the new challenges are screaming for...