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Cex

Surveillance

Post-trade market abuse detection

Detection Patterns

PatternDescriptionAction
Wash TradingSelf-dealing detectionAlert + block
StructuringTransaction splitting to avoid thresholdsAlert + report
VelocityUnusual trading frequencyRate limit + alert
Price SpikesAnomalous price movementsCircuit breaker
SpoofingOrder placement/cancellation patternsAlert + block
LayeringMulti-level order manipulationAlert + block

Circuit Breakers

Automated market halts triggered by:

  • Price movement exceeding threshold (configurable per market)
  • Volume spike detection
  • System error rate threshold
  • Manual operator override

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