US-regulated cryptocurrency exchange FTX US has selected Eventus Systems to conduct trade surveillance and risk monitoring on its cryptocurrency futures and options exchange and clearinghouse. FTX US Derivatives plans to leverage the alert coverage, trade practice investigation tools, and data tagging provided by Eventus’ Validus platform to monitor its listed derivatives market. In addition, FTX US Derivatives and FTX US plan to implement cross-market surveillance across multiple asset classes and order books, and utilise Validus’ machine learning-based noise-reduction tooling to enable compliance staff to focus on key information.
A-Team Insight Briefs
FTX US Selects Eventus for Crypto Surveillance
Market surveillance is crucial, and in many cases a regulatory requirement, to ensuring orderly securities markets and sustaining confidence in trading. It can be breached and has become increasingly complex in the wake of the Covid pandemic, Brexit, and the emergence of new asset classes. This webinar will review the extent of market abuse in...
CME will migrate all of its markets and technology infrastructure to Google Cloud over the next 10 years, starting with its data and clearing services in 2022, under a 10-year strategic partnership between the two organisations. The arrangement – which CME Chairman and CEO Terry Duffy has said “will transform derivatives markets through technology” –...
TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.
The industry breathed a sigh of relief when the deadline for reporting under the US Foreign Account Tax Compliance Act (Fatca) was pushed back to July 1, 2014. But what’s starting to look like perhaps the most significant regulation of the next 12 months may start to impact our marketplace sooner than we think, especially...