NEW YORK, April 22, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, was recently selected for 'Best Sell-Side Market Surveillance Product' by Waters Technology's Sell-Side Technology Awards for the second consecutive year. Nasdaq received the award for its SMARTS Trade Surveillance technology, which enables customers to find solutions and insight to evolving compliance challenges.
"SMARTS market-leading technology continues to evolve as the global regulatory focus demands greater market monitoring and compliance," said Rob Lang, Vice President and Head of Product Management, SMARTS. "We are honored to have been selected for the 'Best Sell-Side Surveillance Product' by Sell-Side Technology. This award reflects our dedication to remaining at the forefront of surveillance technology and providing the compliance capabilities our customers need the most."
SMARTS technology 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, the SMARTS infrastructure sources complete member order and execution data -- including private trading data -- directly from equities, derivatives and commodities exchanges.
SMARTS surveillance solutions operate in more than 50 trading venues and regulators, and more than 100 market participants across 65 markets.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $9.1 trillion and more than 10,000 corporate clients. To learn more, visit http://nasdaq.com/ambition or http://business.nasdaq.com.
CONTACT: MEDIA CONTACTS Nasdaq: Ryan Wells, (646) 581-4286 (M), Ryan.Wells@nasdaq.com