A futures proprietary trading firm, Take Profit Trader (TPT), recently deployed a trade surveillance solution, the Eventus Validus platform, for simulated and live-trading environments, say officials at Eventus, a provider of trade surveillance and financial risk solutions. “Take Profit Trader has deployed Validus across its entire trading ecosystem, ensuring every stage of the trader journey,… Read More >>
The CAT System Faces Scrutiny Again
The controversial Consolidated Audit Trail (CAT) will remain under scrutiny by the Securities and Exchange Commission even though the SEC recently finalized a set of cost-savings and related measures intended as ways to control the big data surveillance system. The regulator also implemented exemptive relief from certain requirements under the Securities Exchange Act of 1934…. Read More >>
Deciphering Traders’ Jargon for Criminal Intent: Q&A
(Editor’s note: When the news hit that Standard Chartered had been fined $40 million via foreign exchange (FX) trading rigging charges, Juan Diego Martin, chief operating officer (COO) of Fonetic, reached out to FTF News to express his opinion about the matter. “Events like today show that missing any nefarious trader communications is no longer… Read More >>
