(FTF News reached out to Travis Schwab, CEO of Eventus, based in Austin, Texas, to check in with him about regulatory actions to stop false trade orders that spur sharp market price reactions before they disappear — otherwise known as “spoof orders.” Regulators have hit JPMorgan with a recent record $920 million fine and authorities have convicted… Read More >>
FCM Opts for Cloud-Based Trade Surveillance
Futures commission merchant (FCM) Rosenthal Collins Group (RCG) has deployed a new trade surveillance system that officials at the independent brokerage and clearing firm say is bringing them the benefits of cloud computing. On Feb.1, 2018, the firm deployed the Validus platform from Eventus Systems, Inc., a regulatory technology software vendor targeting capital markets, officials… Read More >>