ADVFN - Advanced Financial Network.
HOME» NASDAQ » N » NDAQ Stock Price » NDAQ Stock News

Nasdaq Stock Market Share News

 The Nasdaq Omx Grp. (mm) Stock Price
NDAQ Stock Price
 The Nasdaq Omx Grp. (mm) Stock Chart
NDAQ Stock Chart
 The Nasdaq Omx Grp. (mm) Stock News
NDAQ Stock News
 The Nasdaq Omx Grp. (mm) Company Information
NDAQ Company Information
 The Nasdaq Omx Grp. (mm) Stock Trades
NDAQ Stock Trades

NASDAQ OMX Launches Currency Trade Monitoring Tool

NASDAQ OMX Group Inc.(NDAQ) said Thursday it has launched new tool to help banks monitor their staff's currency-trading activities--an area that has come under rigorous scrutiny over the past year because of market manipulation. Dubbed "Smarts FX Trade Surveillance," the technology from the exchanges group allows banks to more easily identify any possible efforts at manipulating currencies benchmarks, or any other unusual patterns in trading. The firm said the technology has been developed in cooperation with six forex dealing banks, which it doesn't name. "We took a decision to develop a surveillance model for [non exchange-traded] markets 18 months ago, after the scandals in fixed income markets," said Michael O'Brien, head of Smarts Broker at the company. The pressure from clients to add foreign exchange to the asset classes covered by the technology increased after the launch of probes on the possible manipulation of foreign exchange rates a year ago, he added. Since mid-2013 authorities in the U.K., U.S., Europe and Asia have been probing the $5.3 trillion a day currencies industry market looking for evidence of possible efforts at market manipulation. The investigations have led to the suspension of at least 30 traders and a salesperson at top dealing banks, and also some staff dismissals. (http://blogs.wsj.com/moneybeat/2014/04/29/lines-get-blurred-in-the-fx-probe/) Smarts will help banks to compare their trading activities against a feed based on multiple market data providers, to spot any deviations from the wider market, particularly around benchmarks. So far, the technology has been developed mostly for top dealing banks, but presentations in London attracted more than 50 participants representing smaller banks and interdealer brokers, Mr. Land added. -Write to Chiara Albanese at chiara.albanese@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Nasdaq Stock Market (NDAQ)
DateTimeHeadline
02/09/201610:00:00Zillow Group (Nasdaq: Z and ZG) to Ring The Nasdaq Stock Market...
02/09/201610:00:00Nasdaq President & COO Adena Friedman to Present at 2016 Credit...
02/08/201615:20:00U.S. Financial Stocks Fall
02/08/201611:20:00Orchestra-Premaman Boosts Cash in Destination Maternity Offer
02/08/201610:54:01Comcast Corporation (Nasdaq:CMCSA), USA Network and The Westminster...
02/08/201610:00:00The Legg Mason ETF Funds (Nasdaq: DDBI, UDBI, EDBI, LVHD) to...
02/08/201609:00:00The Nasdaq Stock Market® Kicks Off the New Year With Strong...
02/05/201614:24:37The Chinese Consulate General in New York to Ring The Nasdaq...
02/04/201618:05:23SpareBank 1 SMN to Ring The Nasdaq Stock Market Closing Bell
02/04/201616:30:00Nasdaq January 2016 Volumes
02/04/201616:05:49Statement of Changes in Beneficial Ownership (4)
02/04/201610:00:00Wingstop (Nasdaq: WING) to Ring The Nasdaq Stock Market Opening...
02/03/201616:39:00Statement of Changes in Beneficial Ownership (4)
02/03/201615:21:04The Financial Women’s Association to Ring The Nasdaq Stock M...
02/03/201613:36:58Microsoft Corporation (Nasdaq: MSFT) and We Connect the Dots...
02/03/201607:10:00Starboard Takes 6.7% Stake in Marvell Technology
02/02/201619:30:00Editas Medicine Breaks U.S. IPO Drought
02/02/201610:00:00Pacira Pharmaceuticals, Inc. (Nasdaq: PCRX) to Ring The Nasdaq...
02/02/201610:00:00Discovery Communications (Nasdaq:DISCA) and Animal Planet's Puppy...
02/02/201607:00:23Nasdaq to Deliver SMARTS Trade Compliance Technology to Koch...

Nasdaq Stock Market and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad