NASDAQ OMX's SMARTS Wins 'Best Market Surveillance Provider

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21 July 2014

Waters Technology's 2014 Waters Rankings Select SMARTS Broker as 'Best Market Surveillance Provider

NASDAQ OMX (Nasdaq:NDAQ), the world's leading provider of market technology, was recently selected as 'Best Market Surveillance Provider' by Waters Technology's 2014 Waters Rankings, a repeat win from 2013. NASDAQ OMX received the award for its SMARTS Broker market surveillance technology, which is currently used by over 90 market participants across 65 global markets and across all asset classes.

The 2014 Waters Rankings award 30 winners in five sections: Trading Services; Trading Tools; Data Management; Compliance, Risk Management and the Back Office; and Infrastructure and Connectivity. Waters Rankings is the only awards program offered by Water's Technology where the category winners are determined exclusively by the readers.

"We are honored to have been selected two years in a row as the 'Best Market Surveillance Provider' by Waters Technology," said Rob Lang, Vice President and Global Head of SMARTS, NASDAQ OMX. "We are continuously working to improve the transparency and integrity of the world's markets, and this award is an indication of the industry appreciation for our efforts."

SMARTS 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. SMARTS has been installed in over 600 live sites.

In the past year, NASDAQ OMX technology has received growing industry recognition. SMARTS was selected as the 'Best Sell-Side Surveillance Product' in the 2014 Waters Technology Awards earlier this year. NASDAQ OMX's exchange technology platform also won the 2014 Waters Magazine Awards for 'Best Trading Technology of the Year' for the Genium INET platform.

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.

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