LSEG Launches Market Tracker in Serbia
Posted by Colin Lambert. Last updated: September 18, 2024
LSEG and the National Bank of Serbia have announced the launch of the LSEG Market Tracker, designed to enhance market transparency and automate regulatory compliance., by providing real-time monitoring and reporting of financial trades.
The two say that the launch marks “a significant milestone in Serbia’s financial market modernisation”, adding the Market Tracker provides coverage of trades across multiple asset classes, including FX, fixed income, and money markets, delivering accurate and timely insights that empower regulators and financial institutions to make informed decisions.
It also 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. LSEG says the service’s data analytics and reporting capabilities allows the National Bank to operate enhanced oversight of market participants, ultimately fostering a more robust and competitive financial ecosystem.
“The introduction of the LSEG Market Tracker enables National Bank of Serbia to raise the quality of domestic money markets monitoring by providing insight into transaction data in real time,” says Jorgovanka Tabaković, Governor of National Bank of Serbia. “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.”