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The rise of 24/5 trading is rapidly reshaping markets as we know them — new 24/5 exchanges are gaining traction with the NYSE now on board, and industry giants such as Charles Schwab are joining the likes of Robinhood in offering round-the-clock trading, enabling clients to buy and sell hundreds of stocks and ETFs at any time during the workweek.
While extended trading windows present major benefits – like the ability to react instantly to global news and earnings reports without being tied to East Coast market hours – they also bring significant risk. Lower liquidity, increased volatility and the mental strain of nonstop trading are all challenges that market participants must now navigate.
As a RegTech provider, Surveyor is closely monitoring another critical risk factor in this evolving landscape: market manipulation. With reduced liquidity and fewer participants in extended-hour trading environments, bad actors could have an outsized impact. These conditions make robust trade surveillance all the more essential to fostering trust and confidence. In anticipation of continued momentum around 24/5 trading, our team is hard at work to optimize our suite of surveillance products.
In the coming weeks, stay tuned for updates on how we’re continuing to equip compliance teams with hyper-accurate detection, robust asset class coverage, and advanced monitoring workflows while reducing burdens on analysts and developers. We also look forward to participating in several industry events and think tanks focused on 24/5 trading, where we will gain invaluable insights on how to solve for industry participants’ most pressing pain points.
As the industry continues to evolve, market participants will feel the pressure to find a trade surveillance partner they can trust. We’re committed to being that partner, working alongside you to ensure that your operations remain secure, compliant, and efficient. If you’re facing these challenges and want to have a conversation, reach out to us.
2025 is shaping up to be a landmark year for 24/5 trading – let’s navigate it together and shape a more transparent, resilient market.
– Lisa Balter Saacks, President, Trillium Surveyor
Crowdsource Corner
We want to know: How is your firm preparing for 24/5 trading?
A: Expanding trade surveillance coverage
B: Adding headcount for extended hours
C: Upgrading infrastructure to handle increased trading volume
D: We’re still evaluating our approach
Product Spotlight
We are excited to announce our next-generation best execution analytics platform. This innovative solution is a result of close collaboration with our clients and industry subject matter experts, ensuring it directly addresses real-world trading challenges while maintaining compliance with the latest regulatory requirements.
The platform will be rolled out progressively, with new features released and available for demo in the coming weeks.
Built from the ground up with both efficiency and compliance in mind, this tool represents a significant advancement in our analytical capabilities, and we look forward to showcasing these enhancements as they become available.
Want to see these features in action? Request a Demo.
As always, we welcome your feedback on functionality, enhancements, and modifications to improve your experience with Surveyor. Reach out to support@trilliumsurveyor.com to start a conversation.
Where We’ve Been, Where We’re Going
Sip ‘N Connect: Women in the Financial Industry
This month’s Sip ‘N Connect networking event was nothing short of inspiring! There was a vibrant energy in the room as we came together to share, learn, and uplift one another.
The open, authentic conversations we shared reinforced a basic truth: we are stronger together, both professionally and personally. Check out some photos below, and stay tuned for more Sip ‘N Connect events!
Looking Ahead
Upcoming Industry Conferences
As we move into 2025, our team is gearing up for several key industry events:
IAA Compliance Conference
Washington, D.C. | March 5-7
We are excited to attend our first Investment Adviser Association’s (IAA) Compliance Conference as a proud sponsor! Surveyor President Lisa Balter Saacks, Director of Sales AJ LeGaye, and Director of Business Development Rob Cope will be onsite.
We look forward to co-hosting a happy hour with our friends at Red Oak Compliance Solutions, taking place on March 6 at 7 pm ET at Beer Lab DC. All conference attendees are welcome to join – bring your colleagues! Please contact AJ LeGaye to RSVP.
SIFMA C&L 2025 Annual Seminar
Austin | March 23-26
The Surveyor team will attend this year’s SIFMA C&L 2025 Annual Seminar. We look forward to meeting with compliance and legal professionals from across financial services to discuss key upcoming regulatory changes.
We’re gearing up for an exciting reveal at our exhibitor booth! Here’s a hint: Parents, if you’ve ever struggled to explain what you do for work, we’ve got something fun that might just help make trade surveillance more kid-friendly. Stop by to snag a copy!
Let’s Connect!
Have questions, product feedback, or want to discuss the latest in trade surveillance? Get in touch with the Surveyor team.
