Breaking News

Tag Archives: David Peniket

Nasdaq Launches New Machine Learning Technology for Surveillance Efforts on Nordic Markets John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Nasdaq, a technology company spawned from the exchange space, has announced the first machine learning implementation in market surveillance. The system is part of their SMARTS, which is enjoying tremendous growth since Nasdaq acquired it in 2010. Officially, “Nasdaq’s SMARTS, in collaboration with Nasdaq Nordic, has deployed machine learning capabilities which analyze abnormal market events and improves the alerting processes surrounding market abuse detection.”~JJL CME‘s electronic options averaged 2.2 million contracts per day in August, up 51 percent over the same period last year.~JK ICE has published a video to talk about…

Lively “Crossfire” Panel of Exchange Leaders Opens SFOA Burgenstock 2015 Blog

The 2015 Burgenstock SFOA conference in Geneva kicked off with a lively discussion on “Crossfire,” the well known panel hosted for many years by Patrick Young, the editor of Exchange Invest News. The panelists were Phupinder Gill, CEO of CME Group, Chitra Ramkrishna, CEO of the National Stock Exchange of India, David Peniket, president and COO of ICE Futures Europe, Magnus Billing, the president of Nasdaq, and Christian Katz, the former CEO of Six Swiss Exchange and former president of FESE. The panel was at odds over the horizontal versus the vertical clearing model.  Nasdaq strongly believes in the horizontal…