Scila in production at Burgundy

On May 8, 2009, the Swedish MTF (Multilateral Trading Facility) begun trading. It was also the starting date for Scila Surveillance in production. Burgundy set off with a soft launch and have now reached an average of 4.5% of the primary market, with a peak of 12.1% one day.

The launch of Scila Surveillance in action has also been successful. Hong Kong Mercantile Exchange has completed its acceptance testing of Scila Surveillance and we expect a launch in Hong Kong during Q4 2009.

About Scila AB Scila is a FinTech company based in Stockholm, Sweden, but we act globally. Scila provides trading surveillance products built on many years of experience from both market surveillance and systems design. Scila systems use modern technology to give the customer a seamless route from detection of market abuse to presentable evidence. Scila delivers the future in modern market surveillance technology by offering trading venues, regulators and market participants the most competitive solution available.
For additional information about Scila AB, please visit www.scila.se