Trading desks urged to bolster cross-market surveillance
Artificial intelligence could help track market abuse across different instruments and venues
Financial market participants and their surveillance vendors need to step up to tackle market abuse carried out across multiple instruments and venues, experts and regulators have warned.
“Most of their systems were built instrument-by-instrument, desk-by-desk, venue by venue,” said Andrew Adams, head of trade surveillance for Europe and Asia at the Royal Bank of Canada. “The system might know that
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