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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Operations
Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Subscribe to Weekly Wrap emails
Most read
- PanAgora’s CIO & head of sustainable investing explain firm’s ESG framework, best practices
- The curious case of Larry Fondren and DelphX
- Itiviti’s Blueprint for Success—Investing in People and Products
- Waters Wrap: Microsoft’s capital markets play (And Algorithmics thoughts)
- Confidential computing projects could answer industry’s cloud security questions