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Brazil's Market Surveillance Project Goes Live Across All Markets at BM&FBOVESPA


NEW YORK and SAO PAULO, April 17, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), BM&FBOVESPA, the Brazilian Securities, Commodities and Futures (BVMF3) Exchange, and BM&FBOVESPA Market Supervision (BSM), have announced the official go-live of NASDAQ OMX's SMARTS Integrity market surveillance platform across Brazil's equities, commodities and futures. BM&FBOVESPA's Equities market has been working with SMARTS since 2011, and now the Commodities and Futures markets will be monitored on the PUMA Trading System platform.

"This go-live is a milestone for both BM&FBOVESPA and the Brazil financial industry as a whole," said Cicero Vieira, Chief Operating Officer of BM&FBOVESPA. "Since Brazilian trading activity has grown in importance in the portfolio strategies of investors worldwide, it is crucial to provide local and international players with market surveillance tools that are aligned with the fully transparent and centralized order driven price discovery across all products in our marketplace. We aim to proactively enforce regulation and safety addressed by our regulators and reign in market abuse activities. Our technical collaboration with NASDAQ OMX underscores this commitment."

BM&FBOVESPA and BSM, the Brazilian self-regulatory organization in charge of BM&FBOVESPA market surveillance and supervising market participants, are now equipped with an automated solution for market oversight, which also strengthens their current surveillance capabilities. Utilizing SMARTS Integrity will ensure the Brazilian marketplace has a comprehensive portfolio of alerting scenarios across a wide range of market behaviors, for detection of even the most sophisticated trading scenarios. SMARTS Integrity already supports some of the world's largest markets and is well-positioned to ensure BM&FBOVESPA's future growth plans as well as to assist BSM in its ongoing enforcement of regulatory initiatives.

"Since the global financial crisis we have had a significant increase in self-regulatory activities," said Marcos Torres, BSM Chief Regulatory Officer. "With SMARTS Integrity now operating across several markets, equities and derivatives, we are already gaining in efficiency and detection efforts, not to mention a more integrated analysis process."

"Market transparency is key to a healthy global marketplace," said Paul McKeown, vice president of Market Technology, NASDAQ OMX.  "We are committed to building the industry's leading market surveillance technologies to combat market abuse, especially as we continue to face a constantly changing regulatory landscape. We are very proud of our partnership with BM&FBOVESPA and BSM to detect irregularities and market abuse in the Brazilian marketplace, and look forward to growing this partnership in the future."

BM&FBOVESPA has a daily average of over 850,000 equities trades and 3 million derivatives contracts with full credit and regulatory checks pre, on and after trading activity. SMARTS surveillance solutions operate in more than 40 national exchanges and regulators, and more than 70 market participants across 55 markets.


The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily.  Welcome to the NASDAQ OMX Century. To learn more, visit Follow us on Facebook ( and Twitter ( (Symbol: NDAQ and member of S&P 500)


BM&FBOVESPA S.A. - The Brazilian Securities, Commodities and Futures Exchange is one of the largest listed exchange groups in the world, the second in the Americas, and the leading exchange in Latin America. The Exchange features a vertically integrated business model, with trading, registration, netting, settlement, risk management, market data, and central securities depository services. BM&FBOVESPA's trades using PUMA – an in-house state-of-the-art technology developed in alliance with CME, and the Exchange's fully integrated business model also provides investors with sophisticated Central Counterparty, Central Securities Depository and Securities Settlement System, registration, risk management, and centralized securities lending. Among its broad range of trading products, the Brazilian Exchange offers equities, securities, futures based on financial assets, indices, interest rates, foreign exchange, agricultural commodities, as well as spot foreign exchange and gold contracts, and acts as a central counterparty for all of its market segment through its Clearinghouses - Equity, Derivatives, Foreign Exchange, and Securities. For more information about BM&FBOVESPA, please visit

About BSM Market Supervision

Established in 2007 as a not-for-profit entity, is the mandatory self-regulatory organization that operates overseeing the BM&FBOVESPA markets and market participants in compliance with best international standards.  BSM also is responsible for enforcing rules and regulations regarding transactions and activities of individuals and firms under BSM's jurisdiction.

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about SMARTS Integrity and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.


CONTACT: NASDAQ OMX Media Contact: Ryan Wells (212) 231-5541 (office) (646) 581-4286 (mobile) BM&FBOVESPA Media Contact: Gustavo Farinelli (55 11) 2565-7865 (office)

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