Email Contact Phone Company Visit Website

Location Office

Kungsgatan 36
Stockholm
SE

NASDAQ OMX New York Head Office

One Liberty Plaza
New York
NY
US

NASDAQ OMX Stockholm Office

Tullvaktsvägen 15
Stockholm
SE

NASDAQ OMX Rockville Office

805 King Farm Boulevard 1st and 2nd floor
Rockville
MD
US

NASDAQ OMX London Office

Woolgate Exchange, 25 Basinghall Street, City of London
London
GB

NASDAQ OMX New York Office

Marketsite 4 Times Square
New York
NY
US

NASDAQ OMX Hong Kong Office

Room 1207-8, 12/F Man Yee Building 68 Des Voeux Road Central Hong Kong
Hong Kong
HK

NASDAQ OMX Singapore Office

20 Collyer Quay, #17-01
Singapore
SG

NASDAQ OMX Chicago Office

One North Wacker Drive Suite 3600
Chicago
IL
US

NASDAQ OMX Belgium Office

Avenue de Cortenbergh 116
Brussels
BE

NASDAQ OMX Dubai Office

Dubai World Trade Centre Sheikh Zayed Road
Dubai
AE

NASDAQ OMX Tokyo Office

1F, Kojimachi Square Building Nibancho, 3 Chiyoda-ku, Tokyo
Tokyo
JP

NASDAQ OMX Boston Office

100 Franklin St
Boston
MA
US

Location Office

Level 17-19, 110 Bishopsgate
London
GB

Telephone

212 231 5018

Contact

Todd A Swearingen
[email protected]
Back to all NASDAQ OMX announcements

NASDAQ OMX Launches SMARTS for Global FX Surveillance

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the world's leading provider of market technology, today announced the launch of its SMARTS FX Trade Surveillance for global foreign exchange (FX) trading.

The SMARTS FX Trade Surveillance module gives surveillance and compliance teams the ability to monitor trading in FX products for possible manipulation of rate fixes, insider trading/front-running, unusual pricing and other suspect behaviors. As a means to monitor and mitigate risks associated with the FX market, the new SMARTS FX offering provides a comprehensive visualization of all trading in individual currency pairs. This includes Spot, Forward, and Non-Deliverable Forward (NDF) instruments - with forthcoming extensions for FX options. This capability provides compliance professionals with an unprecedented view and deeper understanding of trading activity in the context of market activity and rate fixes. 

Moreover, SMARTS enables firms to compare their trading activities against feeds from multiple market data providers as well as their own firms' quoted spread in a single view, thus eliminating the sole dependency on the content of any single market data provider.

"As the regulatory requirements in the FX market continue to evolve, it has been a challenge for brokers and their compliance teams to identify where to initiate monitoring activity and to focus their resources," said Rob Lang, Vice President and Global Head of SMARTS, NASDAQ OMX. "Through a co-development initiative with six major FX trading firms, SMARTS has worked to define the behaviors that support the FX surveillance priorities of these industry players, as well as develop a set of now-deployed alerts within the unique data constraints of the FX markets."   

NASDAQ OMX's comprehensive SMARTS service for equities, options, commodities, fixed income, energy and futures enables compliance teams to source, capture and maintain all trading data elements required to conduct in-depth analysis for cross-market, cross-asset market abuse and market manipulation. Through direct customized exchange feeds and drop copy connections, SMARTS infrastructure sources complete member order and execution data -- including private trading data -- directly from equities, derivatives and commodities exchanges.

NASDAQ OMX's technology solutions are used by over 10,000 customers in 60 countries consisting of public and private entities, exchanges, regulators and broker-dealers, and powers over 80 marketplaces worldwide.