03 July 2015

Tibra signs for Redkite surveillance tech

10 September 2012  |  989 views  |  0 Source: Redkite Financial Markets

Redkite Financial Markets, a specialist provider of market surveillance systems, today announced that principal trading firm and options market maker, Tibra, has selected Redkite Surveillance to ensure compliance monitoring.

The move comes in line with the ESMA guidelines on 'systems and controls in an automated trading environment' in respect of its European operations.

Denis Jackson, regional general manager Europe, Tibra, comments: "Tibra is committed to industry best practice in all trading operations including compliance. Tibra conducted a rigorous due diligence process in order to identify the most appropriate compliance monitoring software suited to our business needs. We are happy to be working with Redkite on this project."

Matthew Coupe, sales director, EMEA, comments: "Principal trading firms such as Tibra now have the requirement for intelligent and efficient market surveillance tools. To this end, Redkite Financial Markets has turned algorithmic trading scenarios on their heads with a solution that reaches out and detects trading anomalies and potentially abusive trading practices in real-time, in the most accurate manner. We are delighted Tibra has selected the Redkite Surveillance compliance monitoring solution." 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Top topics

Most viewed Most shared
Barclays takes on Apple with wearable paym...
8723 views comments | 38 tweets | 34 linkedin
Singapore pledges S$225m to fintech
7433 views comments | 30 tweets | 21 linkedin
US banks pump $16.6bn into digital transfo...
6335 views comments | 35 tweets | 23 linkedin
Greeks flock to Bitcoin
5716 views comments | 30 tweets | 18 linkedin
UK payments regulator calls for 'pipes and...
5489 views comments | 27 tweets | 19 linkedin

Featured job

to £100K base, double OTE, stock options
London, UK

Find your next job