Trillium Surveyor and Kaiko Partner to Enhance Crypto Trade Surveillance. Learn More.
Request a Demo

What is flickering?

Introduction to Flickering

QUICK DEFINITION: a type of possible abusive messaging where there is a sequence of repeated route/cancel pairs, at different prices and same quantity

 

Leading Abusive Messaging Enforcement Actions

FINRA v Citadel (2014) 

 

Enhance your regulatory capabilities with a rapid, accurate, and comprehensive approach to trade surveillance and best execution. Talk to us today to get started.

Contact Us
Icon-linkedin X-twitter
  • Products
  • © Copyright 2025 Trillium Surveyor LLC