NetEconomy’s Market Surveillance Manager for the EU Market Abuse Directive

The Market Surveillance Manager ensures compliance with the EU Market Abuse Directive (MAD) by preventing market manipulation and abusive trading practices such as false/misleading transactions (wash trades, painting the tape), price positioning (marking the close, abusive squeeze), and fictitious devices/deception (concealing ownership, pump and dump, trash and cash).

Ensuring Compliance
The Market Surveillance Manager allows for brokers and securities traders to verify if a transaction is permissible before they invest in shares. The system checks the current market situation, the current compliance legislation and the internal compliance rules of the investor’s employer to make a stop or go decision. With this decision made, employees can trade safely without having to fear legal consequences for insider trading.

Prevent Insider Trading
Customized risk views within the Market Surveillance Manager are designed to prevent abusive trading practices such as late trading, washed trading, parking investments, smurfing, front running and market timing. The solution’s risk-based detection approach significantly streamlines and improves how brokerage and securities firms monitor and manage insider activity in order to reduce risk exposure, legal consequences, and reputational damage.