KAZAKHSTAN: AIX launched Nasdaq’s SMARTS Market Surveillance Technology

Friday June 7 2019

On 6^th June 2019, the Astana International Exchange (AIX) announced that the Nasdaq’s SMARTS Market Surveillance system for real-time surveillance and monitoring of market operations functions was deployed successfully.

The set of AIX’s SMARTS alerts and reports for surveillance allows AIX, to pro-actively detect abnormal trading patterns (including spoofing, layering, collusion etc.), and to deter market abuse in all types of assets (equities and fixed income). The solution is also scalable and can easily expand to cover future asset classes as required.

Implementation of the SMARTS surveillance system will ensure market integrity by detecting abnormal trading patterns and provide our clients with a fair, transparent and safe marketplace which is critical to attract liquidity.

As the industry benchmark for real-time and cross-market surveillance platforms, Nasdaq’s SMARTS surveillance technology automates the detection, investigation and analysis of potentially abusive or disorderly trading, to help improve the overall efficiency of the surveillance organisation and reduce cost, even as market complexity and new regulations increase.

These solutions are used to power monitoring for more than 50 marketplaces, 18 regulators and 170+ market participants, including several buy-side institutions, across 65 countries.

Click on the above link for further information.