In a move to enhance market transparency and automate regulatory compliance, the London Stock Exchange Group (LSEG) has launched a new ‘Market Tracker’ in partnership with the National Bank of Serbia.
By joining forces with the National Bank of Serbia, LSEG aims to provide real-time monitoring and reporting of financial trades, marking a significant milestone in Serbia’s financial market modernisation.
LSEG Market Tracker offers a scalable platform that integrates with existing financial systems. It provides comprehensive coverage of trades across multiple asset classes, including foreign exchange, fixed income, and money markets, delivering accurate and timely insights that empower regulators and financial institutions to make informed decisions.
“This initiative aligns with our commitment to driving innovation in financial markets and supporting regulators in achieving greater transparency and efficiency,” explained Nadim Najjar, managing director of Central and Eastern Europe, Middle East and Africa at the London Stock Exchange Group.
The LSEG Market Tracker enables reporting of trades executed on LSEG and third-party venues into a single real-time stream, assisting the National Bank of Serbia in tracking and monitoring trading activity within its jurisdiction.
Jorgovanka Tabaković, governor of the National Bank of Serbia, also commented: “The introduction of the LSEG Market Tracker enables the National Bank of Serbia to raise the quality of domestic money markets monitoring by providing insight into transaction data in real-time. This advanced technology will enhance our ability to monitor market activities and act swiftly and efficiently, ensuring a fair and transparent trading environment that attracts both domestic and international investors.”
By leveraging LSEG’s market-leading data analytics and reporting capabilities, the National Bank of Serbia will also benefit from enhanced oversight of market participants, ultimately fostering a more robust and competitive financial ecosystem.
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