Benchmarking
The main challenge of quantifying human behavior is drawing the line that distinguishes the normal behavior from abusive behavior The words used in defining abusive behaviors are loose ; let ’ s take artificial price as an example . What ’ s artificial price ? Some might say it ’ s the price resulted from an uneconomic trade or transaction , or simply the price of a trade or transaction that took place out of the supply and demand law . But still , the line that distinguishes abusive from normal is not clear . In surveillance terms , this line is called benchmark .
The question now is how to set the right benchmark . ( find the answer starting from page 17 )
About Levels of Monitoring ( starting from page 28 )
Surveillance monitors trading session on many levels , which are : 1 . Exchange Level , 2 . Symbol “ Share ” Level , 3 . Broker Level , 4 . Client Level “ For some Exchanges ”.
Technology
Behavior of FEAS region
( pages 31-33 ) ( pages 34-48 )
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