Validus algo monitoring
Detect disruptive algorithmic trading
Validus Algo Monitoring is used by global trading firms to manage and reduce risk, increase transparency, and enable regulatory compliance, including for MiFID II’s Regulatory Technical Standard 6 (RTS 6), UK and EU Market Abuse Regulation (MAR), FINRA 3110, and other supervisory rules.
Procedure suite runs on real-time streaming data to monitor algorithmic trading performance and behavior via direct exchange drop copy feeds, internal client systems, or one of our 70+ third party platform integrations – all aggregated into a single view.
Highly customizable parameters to cover multiple aspects of potentially disruptive behavior including volume, excessive messaging, rejects, price moves, and order, fill, and cancel rates.
View, replay and analyze the full order lifecycle, including underlying raw messages combined with market data. Filter by venue, account, and symbol.
Discover the profitability and potentially disruptive behaviors of your algorithmic flow with statistical insights and customizable reporting tailored to each client.
Works seamlessly with Validus Trade Surveillance and Risk Controls for a single platform to lower total cost of ownership (TCO) and to streamline workflows across all lines of defense.
Investment firms engaged in algorithmic trading have specific requirements, including real-time alerts to monitor for disorderly trading or behavior on a post-trade basis.
Includes monitoring for market abuse violations in algorithmic trading (e.g. pinging and flashing) and calibration to minimize false negatives and false positives.
To comply, “real-time alerts shall be generated within five seconds after the relevant ‘event’” and firms must take quick action once an alert is generated.
Implementing algo Monitoring for a tier-1 bank
Eventus partnered with a Tier-1 U.S. bank to address their specific challenges related to Algo Monitoring and regulatory compliance under RTS 6. This case study delves into the core aspects of the partnership, the challenges faced by the client, the solutions provided by Eventus, and the measurable outcomes achieved.
- Fundamental algo monitoring strategies
- Analysis of enforcement action cases
- Overview of relevant regulations including MAR, RTS 6, Rule 15c3-5 and more
Wide Procedure Suite
Designed to alert for disruptive trading and market abuses, and to support the testing of new algos and updates.
Scale for High Volume
Battle-tested for bursts up to 150,000 messages/second with the ability to scale based on clients’ needs.
Real-time surveillance to reduce regulatory risk and to take rapid remedial action to limit your financial loss.
From onboarding to testing new procedures, the Eventus team of practitioners and engineers remain engaged with you.
News & Views
Explore the Validus Algo Monitoring product sheet
