Australian software house the SMARTS Group - acknowledged as a world leading supplier of financial market surveillance systems - has been snaffled by NASDAQ OMX, the world’s largest financial exchange company.

Australian market surveillance systems vendor, SMARTS Group, is to open an office in the United States to coincide with the release of the US version of its broker surveillance platform.  

Graham Jordi, the former AUSTRAC CIO who helped build the national anti money laundering monitoring system, has been appointed head of SMARTS Market Surveillance.

The Australian SMARTS Group, a global provider of market surveillance technology, has completed its first installation in the US stock exchange industry, with the installation of its Integrity Platform on the BATS Exchange, America’s third largest exchange.