KUALA LUMPUR, Feb 9 (Bernama) -- The Mexican Stock Exchange, Bolsa
Mexicana de Valores S.A.B de C.V., has acquired the license agreement to
leverage the industry-leading SMARTS market surveillance platform
offered by Nasdaq.
Bolsa would be migrating its current real-time proprietary surveillance
system to SMARTS for real-time capital market monitoring, said Nasdaq
in a statement issued in New York and Mexico City over the weekend.
The upgrade strengthened Bolsa's surveillance role together with new
international standards built into all of the monitoring processes,
allowing for seamless consolidation of supervisory duties and making
these duties more efficient and effective across the board.
Furthermore, the SMARTS system provides scalability capacities that
allow Bolsa to continue with the projected growth of the market, with a
modular and flexible platform without large investments.
"With the adoption of this technology and according to its strategic
lines, Bolsa remains at the forefront in terms of the services offered
to the general public, fortifying transparency, ethics and safety with
thKUALA LUMPUR, Feb 9 (Bernama) -- The Mexican Stock Exchange, Bolsa
Mexicana de Valores S.A.B de C.V., has acquired the license agreement to
leverage the industry-leading SMARTS market surveillance platform
offered by Nasdaq.
Bolsa would be migrating its current real-time proprietary surveillance
system to SMARTS for real-time capital market monitoring, said Nasdaq
in a statement issued in New York and Mexico City over the weekend.
The upgrade strengthened Bolsa's surveillance role together with new
international standards built into all of the monitoring processes,
allowing for seamless consolidation of supervisory duties and making
these duties more efficient and effective across the board.
Furthermore, the SMARTS system provides scalability capacities that
allow Bolsa to continue with the projected growth of the market, with a
modular and flexible platform without large investments.
"With the adoption of this technology and according to its strategic
lines, Bolsa remains at the forefront in terms of the services offered
to the general public, fortifying transparency, ethics and safety with
the support of a world-class system," explained Pedro Díez, Market
Surveillance Director for Bolsa Mexicana de Valores in the same
statement.
"We look forward to working with Bolsa Mexicana de Valores as they
continue to execute on these principles and strengthen their market
surveillance efforts," added Lars Ottersgard, Executive Vice President
and Head of Market Technology at Nasdaq.
--BERNAMA
http://www.bernama.com/bernama/v8/newsindex.php?id=1107429