Trade Surveillance

Trade Surveillance is about implementing a surveillance system that monitors and detects activities for market manipulation, fraud, behavioural patterning, and more across all asset classes and all products, thereby ensuring the prevention and investigation of abusive, manipulative or illegal trading practices in the securities markets. 

Key trade surveillance activities include analysis of the full depth of the order book, examination of complete audit trails of orders and trades in suspected cases, and analysis of cross-market and cross asset-class views of trades entered by the entity that is currently investigated (or under scrutiny). The activities could be broadly categorized as PreTrade, Market Abuse practices, Trade Violations, Market Surveillance, Post Trade, Insider Information etc.