ASIC Implements First Derivatives Surveillance System

Based on its DeltaStream algorithmic trading technology, the custom build gives ASIC the ability to monitor trade flows across futures and equities on a real-time basis. High-performance components also allows analysis timeframes to be reduced drastically, with times of under one minute cited. The implementation was initially announced in December 2012.

"We made the decision to upgrade our systems in response to new developments in the trading environment," says Greg Yanco, executive leader of market and participant supervision at ASIC. "Given the dynamism of the market environment, we wanted a system capable of capturing and analysing data from all our participants on all markets in real time. With this implementation we can identify questionable activity straight away and act upon it much quicker."