Nasdaq (Nasdaq:NDAQ), the world's leading provider of market technology, was recently selected as 'Best Market Surveillance Provider' by Waters Technology's 2015 Waters Rankings for the third year in a row. Nasdaq received the award for its SMARTS Trade Surveillance technology, which is currently used by over 100 market participants across 65 global markets and across all asset classes.

The 2015 Waters Rankings awards 30 winners in five sections: Trading Services; Trading Tools; Data Management; Compliance, Risk Management and the Back Office; and Infrastructure and Connectivity. Waters Rankings is the only awards program offered by Waters Technology where the category winners are determined exclusively by the readers.

"We greatly thank Waters Technology readers for selecting us as 'Best Market Surveillance Provider' for the third year in a row," said Rob Lang, Vice President and Global Head of Product Management for SMARTS at Nasdaq. "As the markets develop and regulatory demands continue to increase globally, we strive to evolve our product suite to ensure the utmost transparency and integrity is met by global market participants, regulators and exchanges."

SMARTS enables compliance teams to source, capture, and maintain all trading data elements required to conduct in-depth analysis for cross-market, cross-asset market abuse and market manipulation. Through direct customized exchange feeds and drop copy connections, SMARTS infrastructure sources complete member order and execution data --- including private trading data --- directly from equities, derivatives and commodities exchanges. SMARTS has been installed in over 600 live sites.

The industry recognition SMARTS has received over the past few years is a testament to Nasdaq's dedication to providing global market participants, regulators and exchanges with unrivalled surveillance technology. In addition to being selected as 'Best Market Surveillance Provider' by Waters Technology's Waters Rankings in 2013, 2014 and 2015, SMARTS has also received the Waters Sell-Side Technology award for 'Best Sell-Side Surveillance Product' two years in a row.