Smarts and Bats extend surveillance partnership

Smarts Group, a provider of market surveillance systems, has completed the installation of its Smarts Integrity Platform, a real-time market surveillance system, at Bats Europe. This follows a similar implementation at the US-based Bats Exchange in 2009. The Smarts platform replaces elements of Bats Europe's existing in-house surveillance technology to accommodate the growth of Bats Europe, and provides real-time automated detection of potential breaches of the Code of Market Conduct, alerts

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