We help you tame it
- MAR and REMIT outlaw two types of market abuse: Insider Dealing and Market Manipulation.
- MAR covers Financial Instruments as defined in MiFID I and II.
- REMIT covers ‘Wholesale Energy Products’ (WEPs), meaning electricity, natural gas, and LNG. Where a WEP is also a MiFID Financial Instrument, MAR takes precedence over REMIT in defining surveillance requirements.
- Spot energy (ex REMIT) and commodity instruments are captured by MAR if their price influences that of Financial Instruments, i.e. by serving as a price-reference for derivatives, or being part of a benchmark index.
- MiFID II adds additional surveillance obligations on market participants.
- In conclusion, it is virtually impossible to find an instrument falling outside of MAR, REMIT and the MiFIDs!
Effective trader surveillance isn’t
just about meeting compliance requirements.
It can also deliver a real boost to your business:
- Get real time insights into
culture & behaviours
- Better understand true risks taken by
traders & consequently better assess true
risk /adjusted returns
- Get insights into client behaviours & account
- Don’t lose valuable data: keep track
of your decisions to get training data sets for
machine learning to optimise costs of control