First Derivatives PLC Winner of Market Surveillance System of the Year
September 26 2014 - 2:01AM
RNS Non-Regulatory
TIDMFDP
First Derivatives PLC
26 September 2014
RNS Reach
26 September 2014
First Derivatives plc
First Derivatives wins Market Surveillance System of the Year
Award
First Derivatives (FD) (AIM:FDP.L, ESM:FDP.I) a leading provider
of software and consulting services to the capital markets
industry, is pleased to announce that its Delta Surveillance
product has won Market Surveillance System of the Year at the
Futures and Options World (FOW) Asia awards.
Now in their third year, the FOW Awards recognise the leaders in
the capital markets industry in Asia. Delta Surveillance responds
to the need for regulators and exchanges to be as fast and
sophisticated as their participants, allowing them to monitor the
activity of even high-frequency trading participants in
real-time.
Delta Surveillance, powered by kdb+, is built using First
Derivatives' Delta Stream(TM) technology, leveraging its high
performance algorithmic trading infrastructure to allow users to
conduct multi-market supervision across multi-asset classes -
equities, futures, options, fixed income and OTC - in real time,
providing new capabilities in identifying fraud across and between
different markets. The speed of the system provides unmatched
flexibility of analysis, with the time taken to produce some
reports reduced from several hours to less than one minute.
Over the past two years, Delta Surveillance has been implemented
by the Australian Securities and Investments Commission (ASIC), as
well as Yieldbroker, an electronic marketplace for Australian and
New Zealand debt securities and derivatives.
The FOW Asia award judges, commented: "In an age where we are
under more and more regulatory scrutiny, Delta Surveillance has
allowed regulators and institutions to maintain a steady balance of
knowledge on trading behaviour."
First Derivatives Managing Director Asia, Martin Haines, said:
"This award is recognition of the capabilities of Delta
Surveillance and the efforts of the Company's team in Asia. As
markets continue to become faster and more complex, surveillance -
for regulators, exchanges and participants too - is becoming
increasingly important. We are engaging in an ever increasing
number of conversations about surveillance as it becomes part of
the day-to-day requirement of doing business in finance in
Asia."
First Derivatives CEO Brian Conlon commented: "The technical
advantages of Delta Surveillance leave us ideally placed to help
Regulators and Exchanges to protect the integrity of their markets.
This award is recognition of the strength of our offering and the
efforts of our team in Asia."
Enquiries:
First Derivatives plc +44(0)28 3025 2242
Brian Conlon, Chief Executive Officer www.firstderivatives.com
Martin Haines, Managing Director, Asia
Charles Stanley Securities
(Nominated Adviser and Broker) +44 (0)20 7149 6000
Russell Cook
Carl Holmes
Goodbody Corporate Finance
(ESM Adviser and Broker) +353 1 667 0420
Finbarr Griffin (ESM advisor)
Linda Hickey (Broker) +44 (0)20 7933 8780
Walbrook PR bob.huxford@walbrookpr.com
Bob Huxford sam.allen@walbrookpr.com
Sam Allen
About First Derivatives
First Derivatives is a global provider of software and
consulting services to the financial services industry. With over
17 years' experience working with leading financial institutions,
it continues to deliver technologically advanced, award winning
products and services that anticipate and respond to the evolving
needs of global capital markets. First Derivatives currently
employs over 900 people worldwide and counts many of the world's
top investment banks, brokers and hedge funds as its customers. It
has operations in London, New York, Stockholm, Singapore, Hong
Kong, Sydney, Toronto, Philadelphia, Dublin and its headquarters in
Newry.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAEELFLZKFFBBD
Fd Technologies Public (LSE:FDP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fd Technologies Public (LSE:FDP)
Historical Stock Chart
From Apr 2023 to Apr 2024