International Property Securities Exchange selects Scila for real time market surveillance


Scila, the independent market surveillance technology provider, just announced that the United Kingdom based International Property Securities Exchange (IPSX) has selected Scila Surveillance for real time market surveillance on the first regulated exchange for trading securities in commercial real estate assets.

Lars-Ivar Sellberg, Executive Chairman and one of the Co-Founders at Scila, commented:

I am delighted to announce our partnership with IPSX, a truly innovative initiative which will build a bridge between traditional exchange trading and commercial real estate. From our start in 2008, Scila has been a strong proponent of innovation in this sector and we are proud to collaborate with IPSX and provide a state of the art market surveillance solution.

IPSX will benefit from a highly flexible and scalable real time market surveillance solution, covering all types of securities trading, now also including real estate.

IPSX intends to create the world’s first fully regulated securities exchange for commercial property. The Exchange will be dedicated to the admission and trading of special purpose vehicles (SPVs) holding a single commercial property asset, establishing commercial real estate as the fourth mainstream asset class alongside cash equivalents, equities and bonds by providing a cost effective and flexible capital markets solution for the sector. The exchange intends to launch in mid-2017.

From launch it is critical that IPSX immediately provides the highest level of confidence to investors and market participants in its trading environment. To achieve this, the Exchange requires a sophisticated, real time surveillance system that can effectively process the transactions conducted on our hybrid trading platform. We selected Scila Surveillance because not only does it meet our current needs, but importantly it also offers the essential scalability and flexibility we require as our market grows and our trading model evolves.”, says Cyril Théret, Chief Executive Officer of IPSX.

Scila provides real time market surveillance solutions to a wide range of financial industry firms, including exchanges, regulators and trading firms. Exchanges using Scila technology include Deutsche Börse, New York Stock Exchange, London Stock Exchange among others. Scila systems have been deployed at over 30 sites since 2008.

Related News

arrow

International Property Securities Exchange selects Scila for real time market surveillance

2

Send this to a friend

Subscribe to LeapRate
PGlmcmFtZSBzcmM9Ii93cC1jb250ZW50L2E0bHIvaGFuMTZyZXNfNjI1eDQwMC5odG1sIiB3aWR0aD0iNjI1IiBoZWlnaHQ9IjQwMCIgZnJhbWVib3JkZXI9IjAiIHN0eWxlPSJib3JkZXI6bm9uZTsiIHNlYW1sZXNzPjwvaWZyYW1lPg==
PGlmcmFtZSB3aWR0aD0iNjQwIiBoZWlnaHQ9IjM5NSIgc3JjPSJodHRwczovL3d3dy55b3V0dWJlLmNvbS9lbWJlZC80Mzc5MThJbFc5ST9yZWw9MCZjb250cm9scz0wJnNob3dpbmZvPTAiIGZyYW1lYm9yZGVyPSIwIiBhbGxvdz0iYXV0b3BsYXk7IGVuY3J5cHRlZC1tZWRpYSIgYWxsb3dmdWxsc2NyZWVuPjwvaWZyYW1lPg==
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry:
PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LmxlYXByYXRlLmNvbS9hNGxyMTcvNjAweDQyNS82MDB4NDI1TFIuaHRtbCIgZnJhbWVib3JkZXI9IjAiIHdpZHRoPSI2MDAiIGhlaWdodD00MjUiPjwvaWZyYW1lPg==
PGlmcmFtZSBzcmM9Imh0dHBzOi8vd3d3LmxlYXByYXRlLmNvbS8vYTRscjE3L3VmeDE4LzYwMHg0MjVfMXN0LVRpbWVMZWFwUmF0ZS1lbi1HQl9IVE1MNS5odG1sIiBmcmFtZWJvcmRlcj0iMCIgd2lkdGg9IjYwMCIgaGVpZ2h0PTQyNSI+PC9pZnJhbWU+
PGlmcmFtZSBzcmM9Ii8vY2RuLmJhbm5lcnNuYWNrLmNvbS9iYW5uZXJzL2JjaWVod29iOC9lbWJlZC9pbmRleC5odG1sP3VzZXJJZD0zMTU5MzQwNiZ0PTE1MTAxMzg3MTAiIHdpZHRoPSIxMDAlIiBoZWlnaHQ9IjEwMCUiIHNjcm9sbGluZz0ibm8iIGZyYW1lYm9yZGVyPSIwIiBhbGxvd3RyYW5zcGFyZW5jeT0idHJ1ZSIgYWxsb3dmdWxsc2NyZWVuPSJ0cnVlIj48L2lmcmFtZT4=