Burgundy Readies for May Launch

As part of the preparation, MTF officials recently announced that it selected the Scila Surveillance market surveillance platform from Swedish vendor Scila to monitor the MTF's trade engine, which is being provided by exchange technology vendor Cinnober, says Olof Neiglick, CEO of Burgundy.

The Java-based platform will be used for monitoring, tracking suspicious trades and detecting anomalies in volumes, says Neiglick. The fact that Cinnober is also providing the MTF with its TradExpress trading

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