Koch Supply & Trading to get Nasdaq Smarts

Source: Nasdaq

Nasdaq (NDAQ), the world's leading provider of market technology, today announced it will deliver SMARTS Trade Surveillance compliance technology to Koch Supply & Trading (KS&T).

KS&T companies actively participate in a range of energy and commodity markets worldwide.

The SMARTS Trade Surveillance technology, which is now live across the major energy and metals markets, will be leveraged across KS&T’s span of exchange trading in energy, metals and other commodity products. The surveillance technology analyzes trade data and translates certain exchange guidelines and rules into compliance alerts to supplement KS&T’s existing exchange trading compliance programs. The addition of SMARTS will bring greater clarity to the compliance processes in the futures markets they trade.

"In an evolving marketplace where firms are trading across multiple markets and asset classes, greater compliance and regulatory focus is required," said Valerie Bannert-Thurner, Vice President and Head of Risk & Surveillance Solutions, Nasdaq. "We are dedicated to continuously expanding our offering and investing further into OTC asset classes. We look forward to serving KS&T and collaborating with a firm that is a leader in their industry.”

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