The Athens Exchange (Athex) has sent out a call for bids to provide it with a new market surveillance system.
The bourse says it is look for "world class" and proven software and services for a system compliant with European and international market abuse regulatory framework and guidelines.
The system, which must already be proven at other exchanges or MTFs, also needs to come with "minimum ongoing operational cost for Athex".
Australian vendor Smarts is one of the leading market surveillance providers and counts the LSE, SIX Swiss Exchange and Bats among its customers. Another potential bidder for the deal is Sweden's Cinnober, which has signed Burgundy and Oslo Bors to its Scila Surveillance offering.