12 February 2016

Tibra signs for Redkite surveillance tech

10 September 2012  |  1048 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
UK sets out open banking API frameworkUK sets out open banking API framework
14955 views comments | 100 tweets | 89 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
8106 views comments | 28 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
7713 views comments | 34 tweets | 9 linkedin
Is Paym a failure?Is Paym a failure?
6525 views 16 comments | 22 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6014 views comments | 17 tweets | 28 linkedin

Featured job

Competitive Package
New York City, NY. USA

Find your next job