it is partnering with Bolsa Institucional de Valores ( BIVA ) to launch a new global surveillance Exchange . BIVA will implement Nasdaq 's X - stream Trading technology and will also implement SMARTS ##metric surveillance technology . Regulatory approval for the new technology is still pending .
Nasdaq is partnering with Bolsa Institucional de Valores (BIVA) to launch a new Mexican Stock Exchange. BIVA will implement Nasdaq's X-stream Trading technology and will also operate SMARTS market surveillance technology. Regulatory approval for the new exchange is still pending.