Javelin Capital Markets selects Cinnober for SEF trading platform surveillance
Swap-trading marketplace Javelin — which recently received provisional regulatory approval to operate as a swap execution facility (SEF) — has strengthened its trading platform with the integration of Scila Surveillance from independent technology supplier Cinnober. The Scila surveillance system enforces market integrity as required by the Dodd-Frank Act 2010. “Our priority is to implement a market surveillance system that not only meets the monitoring requirements of the SEF new regulations, but also exceeds Javelin’s own internal expectations of high levels of trading integrity to