News & Views

The demands on trade surveillance and best execution oversight continue to evolve. We’re here as a resource for firms rethinking how they monitor, analyze, and act on trading data. Explore our latest updates, media coverage, and perspectives on what’s shaping today’s markets and how leaders are adapting their frameworks to stay ahead.
Filter by Category:

The Monitor: Oversight for Markets in Motion

Markets are moving toward longer trading hours, new products and new ways of participating, bringing new considerations for the teams responsible for oversight.

In the September edition of The Monitor, we’re looking at what the move toward 23/5 means for surveillance, why behavioral context matters as trading patterns change, and how flexible technology and data infrastructure can help firms adapt.

Read More »

The Monitor: Rule 605 Is Here. What’s Next for Best Execution?

It’s been a busy summer for the Surveyor team. We’ve spent a lot of time on the road meeting with clients and partners, and we’re just getting back from Florida as we start gearing up for a busy fall season. I’m looking forward to connecting with more of our community in person and meeting some new faces along the way.

Read More »

The Monitor: Building Adaptable Oversight

In many of the conversations I’ve had with clients and others across the industry this summer, market structure continues to remain front and center. From the proposed rescission of Rule 611 to the continued growth of prediction markets and expanded trading hours, firms are evaluating what these changes mean for best execution, trade surveillance, and the broader oversight frameworks they rely on every day.

Read More »

Rule 611 and the Future of Spoofing Detection

Spoofing doesn’t depend on Rule 611. Manipulative intent is manipulative intent, regardless of the routing framework around it. But the tools, signals, and reference points that surveillance systems use to detect spoofing are deeply entangled with the market structure that Rule 611 created.

Read More »