# Nasdaq Trade Surveillance Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Nasdaq Trade Surveillance Software - reviews, pricing plans, popular comparisons to other Financial Risk Management products and more.

Source: https://www.capterra.com/p/224091/Nasdaq-Trade-Surveillance

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# 

 Nasdaq Trade Surveillance Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on August 24, 2025

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Pricing](#pricing)[Support](#support)[Reviews](#reviews)

Nasdaq Trade Surveillance

## What is Nasdaq Trade Surveillance?

Nasdaq (SMARTS) Trade Surveillance for automated capture and market abuse monitoring for trade compliance.

## What is Nasdaq Trade Surveillance used for?

[Financial Risk Management](https://www.capterra.com/financial-risk-management-software/)

Overall rating

Based on 3 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Contact vendor  
for pricing

Free trial  
not available

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Do you work for Nasdaq Trade Surveillance?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=http://nasdaq.com&name=Nasdaq Trade Surveillance)

## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### Nasdaq Trade Surveillance

4.7 (3)

VS.

[### FARM Tool](https://www.capterra.com/p/119171/FARM-Tool/)

[5.0 (2)](https://www.capterra.com/p/119171/FARM-Tool/#reviews)

Starting Price

Contact vendor

Starting Price

Contact vendor

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

4.3 (3)

Ease Of Use

3.5 (2)

Value For Money

4.0 (3)

Value For Money

4.5 (2)

Customer Service

4.0 (3)

Customer Service

4.5 (2)

## Nasdaq Trade Surveillance alternatives

[Horizon Market Maker](https://www.capterra.com/p/115708/Horizon-Market-Maker/)

[0.0](https://www.capterra.com/p/115708/Horizon-Market-Maker/#reviews)

Starting price

$5000.00

Per User, Per Month

[Learn More](https://www.capterra.com/p/115708/Horizon-Market-Maker/)

[Portfolio Optimization Software](https://www.capterra.com/p/119130/Portfolio-Optimization-Software/)

[0.0](https://www.capterra.com/p/119130/Portfolio-Optimization-Software/#reviews)

Starting price

$29.00

Per User, Per Month

[Learn More](https://www.capterra.com/p/119130/Portfolio-Optimization-Software/)

[Hedgewiz](https://www.capterra.com/p/192658/Hedgewiz/)

[0.0](https://www.capterra.com/p/192658/Hedgewiz/#reviews)

Starting price

$1000.00

Per User, Per Month

[Learn More](https://www.capterra.com/p/192658/Hedgewiz/)

[FinPricing](https://www.capterra.com/p/213827/FinPricing/)

[0.0](https://www.capterra.com/p/213827/FinPricing/#reviews)

Starting price

Contact vendor for pricing

[Learn More](https://www.capterra.com/p/213827/FinPricing/)

[View all alternatives](https://www.capterra.com/p/224091/Nasdaq-Trade-Surveillance/alternatives/)

## Pricing

Value for money

4.0 (3)

### Starting price

Contact vendor  
for pricing

Free trial  
not available

Value for money

4.0 (3)

4.0

Based on 3 reviews

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## Support, customer service and training options

Customer Service

4.0 (3)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

4.0 (3)

4.0

Based on 3 reviews

## User reviews

Overall rating

4.7

Based on 3 reviews

Filter by rating

5(2)

4(1)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

Kleber T.

Director

International Trade and Development

### "Improving Market Integrity: A Review of Nasdaq Trade Surveillance"

4.0

Overall Rating

4.0

4.0

Ease of Use

3.0

3.0

Features

4.0

4.0

Customer Service

2.0

2.0

Likelihood to Recommend

6/10

May 27, 2023

Pros

uses advanced algorithms and data analysis technologies to detect patterns and anomalies in financial transactions

Cons

it can be expensive for businesses. In addition to the cost of acquiring the platform, there may be licensing, maintenance, and periodic upgrade fees.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

AH

Azali H.

Head of Compliance

Capital Markets

### "Nasdaq Trade Surveillance Review"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

December 9, 2022

The overall experience is good, I would recommend the Nasdaq support team provide more focused training to the IT team for complete system integration.

Pros

It has robust and dynamic inbuilt alert mechanisms to detect a wide range of possible market misconduct situations. We use this automated system to enhance the detection of potential market misconduct. It can detect and alert on a real-time basis for activities that currently take place. I was also worth highlighting that the Nasdaq support team is really efficient and helpful.

Cons

The system integration is a bit tricky. Since we are required to send data to the Nasdaq server using FIX message format, there are occasions where we accidentally send wrong coded FIX message data.

Reasons for choosing Nasdaq Trade Surveillance

Nasdaq is a better brand than Soliduslabs.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

MU

Morale Ugan M.

Student mentor

Mechanical or Industrial Engineering

### "Nasdaq updates"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 7, 2022

If you are a day trader, this software was made for you. It'll help you be aware of the company prices and if it's safe to buy/sell

Pros

The software is very easy to use and interesting. It gives you updates on the price and nasdaq companies for you to be able to analyze your next move.

Cons

It has a lot of ads that are disturbing, other than that I love everything.

Review source

Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication.

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