Market Abuse Solutions
Learn more about our market abuse solution. TZ - our trade surveillance software - can test for over 15 different forms of market manipulation, risk and insider trading. Read more below, or get in touch to arrange a free proof of concept. Get In TouchWhat is TZ?Market Abuse Monitoring
TZ can test for more forms of market manipulation and risk than any other trade surveillance system on the market. But that’s not all it does. These are just a few of the features and benefits your firm will have access to as a TZ client.
Exception Based Testing
Set your own benchmarks and parameters. Any transaction that doesn’t meet your criteria will generate an alert which you can examine.
Customisable Parameters
TZ’s settings and test parameters are entirely customisable, giving you complete control over the alerts you see.
Global Multi-Venue Analysis
Reference and market data is collected from over 250 global sources through our market data partners.
Preset and Bespoke Reports
TZ offers a wide range of best execution reports, including RTS 27 and RTS 28 functionality.
Large Volume Data Handling
TZ can ingest and process extremely large volumes of data – millions of trades can be processed every day.
Analysis of Unstructured Data
Telephone calls, emails and instant messages can be incorporated into TZ’s market abusing testing and alert generation.
Covered Asset Classes
You don’t need to worry about incompatible asset classes with TZ. These are the asset classes TZ can process.
Equities
Global exchange trade CASH equties. Exchange-traded derivatives thereof.
Foreign Exchange
FX spot, FX forwards and FX swaps.
CFDs
FX, Indicies, Equities & Commodities.
Debt Instruments
US treasuries, US agencies, US corp, EMEA & APC
Market Abuse Solutions for modern markets
Being able to prevent and detect market abuse infringements has never been more important for firms. Implementing a comprehensive market abuse solution is the easiest way to ensure that your firm keeps up to date with the latest regulations and legislations laid out by ESMA, the SEC or any National Competent Authority.
eflow is here to help. Since 2009, our TZ system has helped firms comply with all the latest market abuse regulations. In 2016, it underwent a major update to ensure full compliance with ESMA’s MAR guidelines (see here for a PDF overview of MAR).
We are committed to staying ahead of all market abuse regulations. We continue to work closely with industry experts and regulators for both development stages, and still run quarterly development cycles to make sure our product is always up to date with the latest requirements put forward by governing bodies and NCAs across the globe.
Why Choose TZ?
ESMA began cracking down on market abuse with the 2003 Market Abuse Directive (MAD). 13 years later, MAR solidified and developed upon many of these earlier regulations.
It’s never been more important to have a comprehensive system in place to counter market abuse and understand the ways it might occur.
Any such system will need to be regularly updated to meet the changing market abuse regulations, and will need to be able to reduce the risk of false positives – a problem often made worse by legacy systems that tend to struggle with time pressure and large volumes of data.
With TZ for Market Abuse and Insider Trading, you will have all the benefits of an off-the-shelf solution with the adaptability and flexibility of a custom-built solution. It’s incredibly easy to use and can handle the large-scale reporting measures you’ll need for MAR compliance.
The eflow Blog
Best Execution Reporting During the COVID-19 Pandemic
ESMA Releases Public Statement on MiFID II Best Execution Reporting During COVID-19 Pandemic The disruption to markets caused by preventative lockdowns in response to the Coronavirus pandemic has caused execution venues and firms a great deal of uncertainty with...
ESMA Publishes Opinions on Position Limits under MiFID II
Updated Opinions on Position Limits Under MiFID II Published by ESMA On February 7th, ESMA published seven opinions on position limits regarding commodity derivatives under MiFID II/MiFIR. The opinions published by ESMA agree with a number of proposed position limits...
Non-Compliance Fines Exceed $36 Billion Since 2008 Financial Crisis
Global financial institutions have been fined over $36 billion since 2008 At the close of the decade, global fines for non-compliance with Anti-Money Laundering (AML), Know your Customer (KYC) and sanctions regulations have exceeded $36 billion since the financial...
Get In Touch
Contact Details