extent-2015: millennium surveillance™ – achieving excellence

Millennium Surveillance™ – Millennium Surveillance™ – Achieving ExcellenceAchieving Excellence

11-Nov-2015Anton Kryukov

Quality Assurance & Related Software Development for Innovative Trading SystemsTel: +7 495 640 2460, +1 415 830 38 49www.exactpro.com

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• What is Millennium Surveillance™?

• Manipulative trading behaviours

• Key functional features

• How can we test Market Surveillance?

Agenda

Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

Millennium Surveillance™ is a comprehensive set of tools to regulate your markets

Millennium Surveillance™ offers a functionally rich, high performance, flexible, scalable, and reliable platform to regulators, exchanges and brokers in order to ensure their markets remain fair, efficient and transparent

3 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

What is Millennium Surveillance™?

• Front running

• Insider trading

• Wash sales

• Layering the book

• Painting the tape

• Marking the close

4 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

Manipulative trading behaviours

• Multi-dimensional analysis in real time and offline with pattern recognition and alerting

• Patent-pending Alert Investigation System which identifies the events that triggered the alert

• Market replay

• Integrated Business Intelligence module to generate reports, and dashboards accessing internal as well as multiple external data sources

• Instant drill-down capability

• Alert and case management module

5 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

Key functional features

6 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

How can we test Market Surveillance?

•Use model-based approach

•Detect false positives

•Detect missing alerts

•High degree of test automation

7 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com

How can we test Market Surveillance?

Thank you!

8 Quality Assurance & Related Software Development for Innovative Trading Systems Tel: +7 495 640 24 60 , +1 415 830 38 49 www.exactpro.com