Scila Surveillance for Real Time Market Surveillance Goes Live at Börse Düsseldorf

Düsseldorf, Stockholm - 8 March 2017

Börse Düsseldorf, the German exchange, has gone live with Scila Surveillance for real time market surveillance covering equities, funds and equity linked products (ETFs, ETNs). Scila Surveillance is a powerful and highly flexible solution developed and delivered by the leading independent trade surveillance technology solution provider Scila in Stockholm.

“Börse Düsseldorf will use our market surveillance solution to prevent market abuse, specifically attempted market manipulation and insider dealing and therefore ensure trading is done in a fair, transparent and orderly way. Surveillance is a critical part of exchange trading infrastructure and we pride ourselves in delivering the best solution possible.” says Lars-Ivar Sellberg, Executive Chairman and one of the Co-Founders at Scila.

“With the excellent addition of Börse Düsseldorf to our list of clients, Scila Surveillance now covers a vast majority of all securities trading on German exchanges.”, adds Lars Gräns, Head of Sales.

In addition to Börse Düsseldorf, Scila Surveillance is in production at Deutsche Börse Group (including Eurex and Xetra), Börse Berlin and Börsen Hamburg-Hannover. Other exchanges using Scila technology include New York Stock Exchange, London Stock Exchange, Stock Exchange of Thailand, Dubai Gold and Commodities Exchange, Irish Stock Exchange among others.

In addition to exchanges, market participants and regulators are also using Scila systems to conduct market surveillance to detect and prevent market abuse and monitor securities trading. The system is delivered with a broad selection of alert rules and reports, powerful search capabilities and as well as replay and visualization functionality. 

“We are pleased about having found with SCILA AB a high-capacity partner, who optimally supports the trading surveillance team with a high performant and flexible software solution to fulfill the continuously increasing regulatory and trading-specific requirements”, says Thomas Dierkes, Managing Director of Börse Düsseldorf.

For more information, please contact:

Scila AB

Lars-Ivar Sellberg

Executive Chairman

Phone +46 733 47 87 10

Börse Düsseldorf

Thomas Dierkes

Managing Director

Phone +49 211 1389 0

About Börse Düsseldorf

BÖRSE DÜSSELDORF is one of the most important stock exchanges in Germany for private investors. In addition to broker-based trading, investors can also trade free of charge, quickly and neutrally monitored on the innovative market maker trading system QUOTRIX. In addition to trade-related services, Börse Düsseldorf also offers attractive listing opportunities for small and medium-sized enterprises in the open market with quality segments such as PRIMÄRMARKT. The North Rhine-Westphalian stock exchange dates back to 1553 in Cologne.

For additional information about Börse Düsseldorf, please visit www.boerse-duesseldorf.de

About Scila AB Scila is a FinTech company based in Stockholm, Sweden, but we act globally. Scila provides trading surveillance products built on many years of experience from both market surveillance and systems design. Scila systems use modern technology to give the customer a seamless route from detection of market abuse to presentable evidence. Scila delivers the future in modern market surveillance technology by offering trading venues, regulators and market participants the most competitive solution available.

For additional information about Scila AB, please visit www.scila.se

About Us

Confidence is one of the most important assets of any market place, market participant, or regulator. Without confidence in the market, investors will choose other alternatives for their investments.Scila provides surveillance tools built on many years of experience from both market surveillance and systems design. The products use the latest technology to offer the customer a seamless route from detection to presentable evidence.At the same time, you benefit from the vast amount of useful order and trading data that can be derived from your Scila solution. Whether you use Scila Surveillance, Scila Compliance, or Scila Regulator you add confidence to your part of the market.