Deutsche Börse has inked a licensing agreement with Cinnober for a new market surveillance technology, Mondovisione reports. The technology, Scila Surveillance, will be deployed at both the Deutsche Börse cash market Xetra and the derivatives market Eurex Exchange.
Scila Surveillance will replace Deutsche Börse’s in-house solution, and enable the exchange to simultaneously monitor trading in batch and real-time mode. Exchange supervisory authorities will also receive individualized reports of market activity much faster.
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