Nasdaq to Deliver SMARTS Trade Compliance Technology to Koch Supply & Trading
February 02 2016 - 7:00AM
Nasdaq (Nasdaq:NDAQ), the world's leading provider of market
technology, today announced it will deliver SMARTS Trade
Surveillance compliance technology to Koch Supply & Trading
(KS&T). KS&T companies actively participate in a range of
energy and commodity markets worldwide.
The SMARTS Trade Surveillance technology, which is now live
across the major energy and metals markets, will be leveraged
across KS&T’s span of exchange trading in energy, metals and
other commodity products. The surveillance technology analyzes
trade data and translates certain exchange guidelines and rules
into compliance alerts to supplement KS&T’s existing exchange
trading compliance programs. The addition of SMARTS will bring
greater clarity to the compliance processes in the futures markets
they trade.
"In an evolving marketplace where firms are trading across
multiple markets and asset classes, greater compliance and
regulatory focus is required," said Valerie Bannert-Thurner, Vice
President and Head of Risk & Surveillance Solutions, Nasdaq.
"We are dedicated to continuously expanding our offering and
investing further into OTC asset classes. We look forward to
serving KS&T and collaborating with a firm that is a leader in
their industry.”
With over 20 years of experience as the industry benchmark for
surveillance platforms, Nasdaq SMARTS technology powers
surveillance and compliance for over 40 marketplaces, 12 regulators
and 110 market participants across 65 markets globally. SMARTS
Trade Surveillance for Energy is available to all energy market
participants, including producers, marketers, utilities, commodity
trading firms, commercial end users and energy desks at financial
institutions.
About Nasdaq: Nasdaq (Nasdaq:NDAQ) is a leading
provider of trading, clearing, exchange technology, listing,
information and public company services across six continents.
Through its diverse portfolio of solutions, Nasdaq enables
customers to plan, optimize and execute their business vision with
confidence, using proven technologies that provide transparency and
insight for navigating today's global capital markets. As the
creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1
in 10 of the world's securities transactions. Nasdaq is home to
more than 3,700 listed companies with a market value of
approximately $9.6 trillion and nearly 10,000 corporate clients.
To learn more, visit: nasdaq.com/ambition or
business.nasdaq.com.
NDAQG
For Media Inquiries:
Nasdaq
Ryan Wells
+44 (0) 7809 596 390
ryan.wells@nasdaq.com
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