Companies are conducting business globally as the world transforms into a center for business. Trade transactions have greatly increased on a global scale. Through the years, the financial exchange market has changed as a result of the usage of technology to streamline corporate operations. Due to the increased profitability, it is essential to improve the trade surveillance system so that it can handle any unforeseen circumstances. The organization needs to give the oversight department the authority and resources it needs to monitor the markets using rules and unethical technology use. The following is a list of some of the methods the organization can improve trade market surveillance in order to stop unfair trade activities employing market abuse technologies.
Due to strict laws and regulations, businesses must make sure that staff conduct pre-trade market monitoring to guarantee that transactions are carried out legally and to guard against any potential policy violations. By increasing investor confidence, this will increase corporate profitability.
With post-surveillance, it keeps an eye on the transactions already made in businesses to make sure they were completed correctly and in accordance with established norms and regulations. As a result, a controlled market is created and guiding principles are applied to it.
– With an effective market security system placed in the organizational structure, the company may identify its strengths and weaknesses, which must be addressed for efficient market surveillance in business trading. Business is created with the primary goal of producing a profit.
A host corporation will be able to identify any rogue under-dealings and activity manipulations occurring during trading operations with the use of a good detection.
– The company can establish a system with a set threshold that will be activated whenever a rogue activity is carried out within the organization by using advanced technology. In order for management to understand what the organization’s employees are doing, they need regularly and promptly analyze trading activities, reports, and trading patterns. Monitoring the workers’ behavior is necessary.
– Look into, analyze, and quickly resolve the canceled trades in a timely manner to preserve the organization’s good name.
– The organization should make sure that investors have the required quantity that meets the threshold and does not exceed the trading limit before allowing them to invest their funds. By doing this, it will be ensured that the client does not pay more or less during the transaction.
In order to increase trade surveillance, it is critical that management inform employees about the advantages of employing market abuse technology. At the same time, the company should inspire employees to help minimize instances of technology abuse during trade operations.