Bitstamp to adopt trade surveillance solution from Cinnober

Irisium a leading provider of market monitoring and analytics software for exchanges, regulators, buy-side and sell-side firms and a subsidiary of Cinnober. It is not the name of the platform.

Bitstamp and Irisium are partnering to implement Irisium’s monitoring platform on Bitstamp’s exchange.

According to Irisium’s website, its market surveillance solution “helps prevent, detect and manage the risk of market manipulation practices across markets, functions and asset classes.” Earlier this month, Bitstamp announced it had replaced its trading engine with Cinnober’s TRADExpress Trading System, which the exchange says will increase the speed of order matching by 1,200x. In September, the U.S. Nasdaq exchange acquired Cinnober for an undisclosed sum. (Source: Bitstamp)

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Bitstamp to adopt trade surveillance solution from Cinnober written by Steven Zheng @ https://www.theblockcrypto.com/tiny/bitstamp-to-adopt-trade-surveillance-solution-from-cinnober/ November 27, 2018 Steven Zheng

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