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.
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