Lightening the load

Lightening the load

Christian Voigt

Senior Regulatory Adviser at Fidessa

Views 684

Lightening the load

27.08.2015 01:00 am

Technology is meant to make life easier. Be it a smart phone, TV or fridge, or even a smart water kettle, they all promise a simpler life. Whether they deliver on that is another matter entirely and the idea that more technology always equalsbetter is debatable, particularly considering that my new bathroom scales tweet my weight every time I step on them.

Like the ongoing trend of trading automation, the need for smart solutions also applies to market surveillance, much of which is already automated. While this has clear advantages in detecting some of the potentially abusive strategies defined under MAR, such as wash trades or layering and spoofing, the key is getting the balance right so that you’re actually monitoring for those orders that really need attention.

Consider ESMA’s proposal to mandate surveillance for possible manipulative practices around indications of interest (IOIs). It’s straightforward enough to build an alert that informs you of unusual volumes of IOIs, but considering their non-committal ‘indicative’ nature is that really desirable or will it just clog up your screen? In some scenarios perhaps the best technology is that which integrates with its human users to lighten the load rather than replacing them altogether. A bit like my smart new scales that need to be told when to tweet and when to deduct 5kg before doing so.

Latest blogs

n/a n/a

How COVID-19 Is Ushering In a New Era of Cashless Technology

  Image source:   Cashless technology isn't a completely fresh concept. People have been using credit cards for decades, and the market for fintech services has been Read more »

Jean Shin tyntec

Using WhatsApp for 2FA is the Future of Banking

From user authentication and password resets to transaction verification, two-factor authentication (2FA) offers basic but useful protection for consumers. The 2FA process typically sends an SMS sent to the customer with a one-time password (OTP). Read more »

Amir Ghodrati App Annie

The Role of Fintech Apps in Navigating This Period of Financial Insecurity

Economic instability has been ricocheting throughout the stock market in the wake of the global coronavirus pandemic. Its effects have been felt across all industries, with winners and losers’ across different sectors. So, how has fintech Read more »

n/a n/a

How to Choose a VPN for Digital Privacy & Security

In a world where almost everything is connected, and where hackers and other malicious people are roaming the internet, it is always advisable that you take every precaution that you can to enhance your data security and privacy protections. Using a Read more »

Ben Slater Instaclustr

The Case for Adopting Open Source – Own Rather Than Rent the Foundations of Your Business

For some time open source was seen as something that only the biggest companies could use and play with. But with the modern, increasingly fast business environment, the use cases for open source are in everything and the technology is increasingly Read more »

Related Blogs

Kim Fournais Saxo Bank

Spread of Coronavirus reveals vulnerabilities and excessive risk in the global economy

Right now, we are seeing some very worrying trends in global financial markets, and I am truly concerned about where we are heading. The spread of coronavirus strikes fear into the markets and reveals that the recent bull years are built on a very Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel