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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