21 March 2018

LSE signs for Smarts market surveillance software

03 October 2006  |  5540 views  |  0 Digital Abstract

The London Stock Exchange (LSE) has signed a deal to install an electronic real time market surveillance platform supplied by Australian vendor Smarts Group.

The LSE is rolling out the Smarts Market Integrity Platform as part of its technology roadmap (TRM) - a four year transition to next generation trading technology - due for completion in early 2007.

David Lester, CIO, LSE, says: "The Smarts platform will play a crucial role in the monitoring and regulation of our markets and will ensure that we continue to provide our customers with the most robust and innovative trading environment in the world."

In addition, the UK exchange will become a global reseller of the Smarts platform and the system will be distributed alongside the LSE's next generation trading and information platforms. LSE says the Smarts technology will be available to UK brokers via Capital Markets Surveillance Services Pty Ltd (CMSS).

Michael Aiken, director and co-founder of Smarts, says: "The agreement with the London Stock Exchange represents an important milestone in the development and deployment of the Smarts Market Integrity Platform as a world standard."

The market surveillance package is currently deployed by 26 national exchanges and regulators across 20 countries, including the Swiss, Hong Kong, Singapore and Australian exchanges.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Tocom signs for Smarts surveillance

Tocom signs for Smarts surveillance

22 February 2005  |  3621 views  |  0 comments
SWX Swiss Exchange signs for Computershare's Smarts and X-Stream products

SWX Swiss Exchange signs for Computershare's Smarts and X-Stream products

08 November 2004  |  5584 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.nextgenbanking.co.ukVisit http://info.nice.comwww.currencycloud.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
12582 views 0 | 5 tweets | 4 linkedin
Can banks be a threat to Big Tech?Can banks be a threat to Big Tech?
10542 views comments | 30 tweets | 39 linkedin
Indian fintech sector needs regulatory support to flourishIndian fintech sector needs regulatory sup...
10125 views comments | 10 tweets | 8 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
9601 views comments | 13 tweets | 31 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
9485 views comments | 12 tweets | 23 linkedin

Featured job

Hong Kong, Asia-Pacific

Find your next job