China Merchants Securities (HK) Co., Ltd. Implements NASDAQ OMX's SMARTS Broker to Manage Equities Surveillance
China Merchants Securities (HK) Co.
10.04.2012 02:30
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NEW YORK and HONG KONG, 2012-04-10 02:30 CEST (GLOBE NEWSWIRE) --
China Merchants Securities (HK) Co, Ltd. ('CMS'), a wholly owned subsidiary of
China Merchants Securities Co., Ltd ('China Merchants Securities'), has
implemented NASDAQ OMX's SMARTS Broker solution for surveillance and compliance
monitoring of its equities trading activity.
CMS' compliance team will use the SMARTS Broker solution to enhance
surveillance capabilities in monitoring both client and employee trading for
abuse across disparate trading systems. Easy to deploy as a hosted solution,
SMARTS Broker helps satisfy CMS' need for more robust surveillance
capabilities. CMS will utilize the automated trade monitoring solution to
facilitate quick identification of suspicious trading behavior and intuitive
detection of potential market manipulation. SMARTS Broker will provide CMS
compliance professionals with actionable insight and sophisticated alerts for
insider trading, market manipulation, and violations of order handling rules,
watch lists and restricted lists.
The partnership between CMS and NASDAQ OMX provides an opportunity to expand
the highly scalable SMARTS Broker surveillance and compliance monitoring
technology to other areas of operation across mainland China. NASDAQ OMX SMARTS
surveillance and compliance monitoring technology fosters a community of
transparency as it is also used by China's HKEx Exchange and the regulator SFC.
Benny Mau, spokesman of CMS, said, 'We searched for a solution that could
better manage our surveillance responsibilities and keep pace with the existing
and future regulatory demands.'
Mau added, 'SMARTS Broker meets these requirements with sophisticated
capabilities that put our surveillance program on par with global investment
banks, exchanges and regulators.'
Paul McKeown, Vice President of Market Technology at NASDAQ OMX, said, ''CMS'
business in the Asia Pacific region will be well served by their decision to
enhance market surveillance capabilities using SMARTS Broker, a solution with
enough flexibility and scalability to add new asset classes and connect to new
marketplaces as their business evolves.'
He added, 'Hong Kong is a great example of where NASDAQ OMX SMARTS is used by
broker-dealers, exchanges and the regulator. As a technology provider, we
combine NASDAQ OMX market technology and SMARTS to create compliance and
surveillance ecosystems in financial services communities across the globe.'
About China Merchants Securities:
China Merchants Securities, one of the leading financial services institutions
in China, was listed on Shanghai Stock Exchange in November, 2009 (Trading
Code: 600999).
CMS is licensed by the Securities and Futures Commission of Hong Kong to
conduct Type 1, 2, 4, 6 and 9 regulated activity, with main focuses on
securities brokerage, investment banking and asset management businesses.
As of Jan 2012, China Merchants Securities and its subsidiary, CMS, have a
client base of more than 3.5 million accounts and its asset under management
reaches at US 75 billion.
About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the US
and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to traffic more
than 1 million messages per second at sub-40 microsecond speeds with 99.999%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to approximately 3,400 listed
companies worth $5.1 trillion in market cap whose innovations shape our world,
we give the ideas of tomorrow access to capital today. Welcome to where the
world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To
learn more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's SMARTS Broker solution and other products and offerings. We
caution that these statements are not guarantees of future performance. Actual
results may differ materially from those expressed or implied in the
forward-looking statements. Forward-looking statements involve a number of
risks, uncertainties or other factors beyond NASDAQ OMX's control. These
factors include, but are not limited to factors detailed in NASDAQ OMX's annual
report on Form 10-K, and periodic reports filed with the U.S. Securities and
Exchange Commission. We undertake no obligation to release any revisions to any
forward-looking statements.
CONTACT: Media Contacts:
China Merchants Securities (HK) Co., Ltd.
Phone: 0086 755 269 51111
Email : sbox@cmschina.com.cn
NASDAQ OMX
Robert Madden
Phone: 646 441 5045
Email: Robert.Madden@NASDAQOMX.com
News Source: NASDAQ OMX
10.04.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: China Merchants Securities (HK) Co.
China, Volksrepublik
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901957525
WKN:
End of Announcement DGAP News-Service
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China Merchants Securities (HK) Co.
10.04.2012 02:30
---------------------------------------------------------------------------
NEW YORK and HONG KONG, 2012-04-10 02:30 CEST (GLOBE NEWSWIRE) --
China Merchants Securities (HK) Co, Ltd. ('CMS'), a wholly owned subsidiary of
China Merchants Securities Co., Ltd ('China Merchants Securities'), has
implemented NASDAQ OMX's SMARTS Broker solution for surveillance and compliance
monitoring of its equities trading activity.
CMS' compliance team will use the SMARTS Broker solution to enhance
surveillance capabilities in monitoring both client and employee trading for
abuse across disparate trading systems. Easy to deploy as a hosted solution,
SMARTS Broker helps satisfy CMS' need for more robust surveillance
capabilities. CMS will utilize the automated trade monitoring solution to
facilitate quick identification of suspicious trading behavior and intuitive
detection of potential market manipulation. SMARTS Broker will provide CMS
compliance professionals with actionable insight and sophisticated alerts for
insider trading, market manipulation, and violations of order handling rules,
watch lists and restricted lists.
The partnership between CMS and NASDAQ OMX provides an opportunity to expand
the highly scalable SMARTS Broker surveillance and compliance monitoring
technology to other areas of operation across mainland China. NASDAQ OMX SMARTS
surveillance and compliance monitoring technology fosters a community of
transparency as it is also used by China's HKEx Exchange and the regulator SFC.
Benny Mau, spokesman of CMS, said, 'We searched for a solution that could
better manage our surveillance responsibilities and keep pace with the existing
and future regulatory demands.'
Mau added, 'SMARTS Broker meets these requirements with sophisticated
capabilities that put our surveillance program on par with global investment
banks, exchanges and regulators.'
Paul McKeown, Vice President of Market Technology at NASDAQ OMX, said, ''CMS'
business in the Asia Pacific region will be well served by their decision to
enhance market surveillance capabilities using SMARTS Broker, a solution with
enough flexibility and scalability to add new asset classes and connect to new
marketplaces as their business evolves.'
He added, 'Hong Kong is a great example of where NASDAQ OMX SMARTS is used by
broker-dealers, exchanges and the regulator. As a technology provider, we
combine NASDAQ OMX market technology and SMARTS to create compliance and
surveillance ecosystems in financial services communities across the globe.'
About China Merchants Securities:
China Merchants Securities, one of the leading financial services institutions
in China, was listed on Shanghai Stock Exchange in November, 2009 (Trading
Code: 600999).
CMS is licensed by the Securities and Futures Commission of Hong Kong to
conduct Type 1, 2, 4, 6 and 9 regulated activity, with main focuses on
securities brokerage, investment banking and asset management businesses.
As of Jan 2012, China Merchants Securities and its subsidiary, CMS, have a
client base of more than 3.5 million accounts and its asset under management
reaches at US 75 billion.
About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade - from risk management to trade to surveillance to clearing. In the US
and Europe, we own and operate 24 markets, 3 clearinghouses and 5 central
securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to traffic more
than 1 million messages per second at sub-40 microsecond speeds with 99.999%
uptime, our technology drives more than 70 marketplaces in 50 developed and
emerging countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to approximately 3,400 listed
companies worth $5.1 trillion in market cap whose innovations shape our world,
we give the ideas of tomorrow access to capital today. Welcome to where the
world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To
learn more, visit www.nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's SMARTS Broker solution and other products and offerings. We
caution that these statements are not guarantees of future performance. Actual
results may differ materially from those expressed or implied in the
forward-looking statements. Forward-looking statements involve a number of
risks, uncertainties or other factors beyond NASDAQ OMX's control. These
factors include, but are not limited to factors detailed in NASDAQ OMX's annual
report on Form 10-K, and periodic reports filed with the U.S. Securities and
Exchange Commission. We undertake no obligation to release any revisions to any
forward-looking statements.
CONTACT: Media Contacts:
China Merchants Securities (HK) Co., Ltd.
Phone: 0086 755 269 51111
Email : sbox@cmschina.com.cn
NASDAQ OMX
Robert Madden
Phone: 646 441 5045
Email: Robert.Madden@NASDAQOMX.com
News Source: NASDAQ OMX
10.04.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: China Merchants Securities (HK) Co.
China, Volksrepublik
Phone:
Fax:
E-mail:
Internet:
ISIN: US9901957525
WKN:
End of Announcement DGAP News-Service
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