Trade guard solutions

Novel analytical software solving multi-billion problem of fraud and market abuse in trading organizations worldwide

TGS leverages a robust and comprehensive library of trading behaviour patterns to help companies monitor activities and detect actions that can lead to non-compliance with regulation and loss of reputation in the market. The areas of coverage include (and much more than these examples):

MARKET MANIPULATION AND ABUSE

Marking the Open/Close, Spoofing and Layering, Wash Trading and Parking, Spoofing and others

INSIDER TRADING AND CONTROL ROOM

Trading Ahead of Material Events, Front Running Related Products, Trading Against Restricted Lists

OFF MARKET PRICING AND BEST EXECUTION

Off Market Fair Pricing, Excessive Markups/Markdowns, Price Dis-improvement, Order Execution Un-timeliness

ADVANCED FRAUD SCHEMES WITHIN MARKET PRICES

Sophisticated schemes used for money-laundering or for personal enrichment by traders and clients at the expense of the employer/clients

STRAIGHTFORWARD OFF-MARKET PRICING

Straightforward off-market deals

SOPHISTICATED OFF-MARKET PRICING

Sophisticated off-market deals with no precise market prices for given historical dates (OTC options, SWAP, REPO, IRS, CIRS)

DISGUISING OFF-MARKET DEALS AS MARKET ONES

Price manipulation by individual traders in low liquidity markets aimed to make off-market deals look like market ones

POSITION PARKING

End-quarterly/end-yearly balance sheet window dressing activity to hide losses. Detection of loss-making position parking to preserve traders’ bonuses. Profit-making position parking aimed to side-step position limits and enhance market exposure

ILLEGAL TRANS-BORDER CAPITAL DEALS

Free-of-delivery trans-border fund channeling via financial markets

WASH TRADES

Transactions aimed to transfer clients’ funds illegally into other banks or special purpose vehicles via closed-loop stock-exchange and OTC paired transactions