Bolsa Mexicana de Valores is migrate its current real-time, proprietary market surveillance system to Nasdaq’s SMARTS platform.
SMARTS has international standards built into all of its monitoring processes, allowing for seamless consolidation of supervisory duties and making these duties more efficient and effective across the board.
"The SMARTS solution fortifies the capacities of reviewing operations that are traded in our market, enhancing Bolsa's abilities for detecting patterns of behaviour internationally recognised as contrary to good market practices," says Pedro Díez, Market Surveillance Director, Bolsa Mexicana de Valores. "With the adoption of this technology and according to its strategic lines, Bolsa remains at the forefront in terms of the services offered to the general public, fortifying transparency, ethics and safety with the support of a world-class system."
"Supporting Bolsa Mexicana de Valores is an opportunity that Nasdaq is very proud to have been given," says Lars Ottersgård, Executive Vice President and Head of Market Technology, Nasdaq. "One of the most important responsibilities an exchange has is maintaining a fair, open and transparent market that is highly monitored and operated on integrity. We look forward to working with Bolsa Mexicana de Valores as they continue to execute on these principles and strengthen their market surveillance efforts."
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