Brazilian Exchange and Regulator to Partner with Nasdaq OMX Smarts Integrity
BM&FBovespa, the largest stock exchange in Brazil and Latin America, and Bovespa Market Supervision (BSM), the Brazilian self-regulatory organization in charge of inspecting and supervising the transactions and the persons authorized to trade, announced that they will use Nasdaq OMX's Smarts Integrity market surveillance platform to monitor trading across their equities and commodities platforms.
The Smarts Integrity platform will provide automated market surveillance, operations and market oversight. Smarts Integrity gives BM&FBovespa and BSM a portfolio of alerting scenarios for market behaviors. BSM hopes that the platform will increase its ability to maintain a compliant and orderly market.
"Since the second half of 2009, when BSM implemented the automated analysis of all trades containing warnings on transactions with evidence of violation, there has been greater efficiency in the analysis conducted by the BSM staff, who now focuses exclusively on trades that show strong signs of irregularity," says Luis Gustavo da Matta Machado, chief regulatory officer of BSM. "With the implementation of the Smarts Integrity platform, we expect to gain in efficiency and assertiveness, continuing the process of improvement," Smarts can bring more tools for the accomplishment of our self-regulation activities."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Bloomberg terminal’s agentic play shows rapid change in trading tech
Waters Wrap: The data giant’s conversational AI interface might seem novel, but others say having one is becoming a bare minimum in the world of trading technology.
Esma supervision proposals ensnare Bloomberg and Tradeweb
Derivatives and bonds venues would become subject to centralized supervision if the proposed reforms go through.
AllianceBernstein enlists SimCorp, BMLL and Features Analytics team up, and more
The Waters Cooler: Mondrian chooses FundGuard to tool up, prediction markets entice options traders, and Synechron and Cognition announce an AI engineering agreement in this week’s news roundup.
Ram AI’s quest to build an agentic multi-strat
The Swiss fund already runs an artificial intelligence model factory and a team of agentic credit analysts.
Fidelity expands open-source ambitions as attitudes and key players shift
Waters Wrap: Fidelity Investments is deepening its partnership with Finos, which Anthony says hints at wider changes in the world of tech development.
Market-makers seek answers about CME’s cloud move
Silence on the data center’s changes has fueled speculation over how new matching engines will handle orders.
SGX to modernize data lake
The work is part of the exchange’s efforts to enhance its securities trading platform.
Digital employees have BNY talking a new language
Julie Gerdeman, head of BNY’s data and analytics team, explains how the bank’s new operating model allows for quicker AI experimentation and development.
