Nasdaq to power Bolsa Mexicana de Valores with SMARTS
Bolsa Mexicana de Valores, S.A.B. de C.V. has announced that it has reached a licence agreement with Nasdaq to leverage SMARTS, the market surveillance platform offered by Nasdaq. Bolsa Mexicana de Valores will migrate its current real-time proprietary surveillance system to SMARTS for real-time capital market monitoring. With this upgrade, the role of surveillance at Bolsa is strengthened, with new international standards built into all of the 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 recognized as contrary to good market practices. 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, f