With an increasing range of financial instruments being offered, trading is becoming more and more complex. The market structure has also become more variable and complicated and the volumes of transactions have increased sharply.
At the same time the obligation has increased for the firms to monitor their trading activities in order to detect and report suspicious orders and transactions. According to the Market Abuse Regulation, “MAR”, all persons professionally arranging or executing transactions need to have a monitoring set-up in place in order to detect suspicious market abuse and submit Suspicious Transaction and Order Reports, “STOR”, to their regulator.
Effective market surveillance has become an area for experienced experts with access to advanced surveillance systems and comprehensive market data.
To assist firms in achieving regulatory compliance regarding trade monitoring and surveillance, Trapets offers Outsourced Trading Surveillance, OTS.
White Paper on Market Abuse Regulation
On July 3rd, 2016, the Market Abuse Regulation was implemented across the EU. Please download Trapets White Paper to find out more.
OTS is a fully outsourced service where a team of experts within Trapets perform the operational surveillance tasks on behalf of the client including detection, investigation, documentation and the creation of Suspicious Transaction and Order Reports. The service also includes the surveillance system InstantWatch Market along with its installation, implementation and setup.
The OTS team are surveillance experts with many years of experience in surveillance and investigations within Regulators, Regulated Markets, MTFs and Firms. They are experts on the rules and regulations for securities trading which guarantees your company to be up to date in this area, today and in the future.
The OTS service is currently delivered to 10+ clients across Europe. The clients consist of venues, investment banks, retail banks and buy-side firms.