Nasdaq to Provide Technology to Jamaica Stock Exchange

Nasdaq Inc. and the Jamaica Stock Exchange (JSE) have signed a new seven-year agreement for Nasdaq to deliver matching engine and market surveillance technology (SMARTS) to the Jamaica Stock Exchange. Via the Nasdaq Matching Engine, JSE will have the ability to offer new products, enhance current trading capabilities and improve the latency of order execution. The market surveillance technology will provide the exchange the ability to closely monitor trade activities while strengthening market integrity.