This article was originally published by the National Society of Compliance Professionals. It was co-authored by Jay Biondo, Product Manager, Surveillance, Trading Technologies, along with James G. Lundy, Partner, and Nicholas A.J. Wendland, Counsel, both of Drinker Biddle & Reath LLP.
Trading Technologies’ TT Score is an ideal trade surveillance and compliance solution for detecting trading activities that could potentially be flagged as spoofing by regulators. By using machine learning technology, TT Score identifies patterns of behavior that may prompt regulatory inquiries so that quick corrective action may be taken before the activity becomes an issue for the firm.