TXTM : Trade surveillance and compliance monitoring
TX is offered in two flavors:
Batch - Trade surveillance and compliance monitoring reports run at the end of the trading day to find suspicious trading behavior.
Real-time - Trade surveillance and compliance monitoring via a real-time interface that will flag suspicious activity as it happens. In addition, authorized users can “direct” the monitoring of order flow associated with a specific account or symbol for increased awareness of the order flow.
TX also offers a historical view of the trading patterns by client so it is very easy to review the entire relationship with a client rather than just a single trading day.
TX essentially captures the trade data and stores it in a database that allows FTEN to easily create new surveillance and compliance checks.
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