Breaking News Bar
posted: 6/8/2013 9:34 AM

Nasdaq enhancing network monitoring tools

hello
Success - Article sent! close
  • Nasdaq OMX Group Inc. will implement a software package to track trading on its U.S. exchanges and bolster safeguards and reliability, the exchange operator said in a statement.

      Nasdaq OMX Group Inc. will implement a software package to track trading on its U.S. exchanges and bolster safeguards and reliability, the exchange operator said in a statement.
    Associated Press

 
Bloomberg News

Nasdaq OMX Group Inc. will implement a software package to track trading on its U.S. exchanges and bolster safeguards and reliability, the exchange operator said in a statement.

Nasdaq, the second-largest operator of U.S. equity markets, said Corvil Ltd.'s CorvilNet monitoring system will let exchange officials analyze activity at the network, application and trading levels, helping to spot anomalies. The technology could also be used to follow the full cycle of a trade.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The Securities and Exchange Commission last week said it would collect $10 million from Nasdaq to settled charges that its mishandling of Facebook Inc.'s May 2012 initial public offering was a violation of securities laws. In the year since the IPO, Nasdaq had created the position of chief information officer and global market systems and changed many of its systems.

"We continue to proactively integrate sophisticated technology solutions as a means to reduce risk exposure in a constantly evolving electronic marketplace," said Eric Noll, executive vice president of transaction services for the U.S. and U.K at Nasdaq. "There is a need for greater visibility to deal with competitive and regulatory forces that shape operations."

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here