Cinnober said that its Scila Surveillance will be integrated with a number of existing systems at Qatar Exchange, including its Universal Trading Platform, Equator post-trade system, PFI2 index calculation platform, data dissemination and referential management applications.
Qatar Exchange COO Olivier Gueris said that the implementation of Scila at Qatar Exchange will provide the exchange with the world-class real-time surveillance and reporting tools it requires in these times of robust growth and extreme market sophistication.
The installation is expected to complete during the third quarter of 2011.
Recently, Scila Surveillance solution was selected by Deutsche Borse Group for their Xetra and Eurex markets.
Cinnober claimed that a total of nine markets have chosen it to monitor trading in instruments as diverse as equities, futures and options, CFDs, FX, and energy contracts.
