Market Abuse - TAS Telemonitor adapts to the new Consob indications

With the Communication of 30-04-2010, in addition to the foregoing in the DME/5078692 29/11/2005 (reproduction of the examples of market manipulation and suspicious transactions specified by the Committee of European Securities Regulators (CESR) in the Market Abuse Directive. Level 3 - First set of CESR guidance and information on the common operation of the Directive), Consob aims to provide additional functional guidance to identify manipulative behaviors implemented by the input and subsequent cancellation of orders in place during the auction.

To meet the needs of Compliance with the new functionalities, TAS integrates Telemonitor, the current platform for the screening of the operations to identify possible cases of insider trading and market manipulation, with its middleware for  the real time management of market information TeleFeed.

The integration process has led to:
• Implementation of new controls for the analysis of books to be used in the composition of the Rules of Analysis
• Store in Market Abuse of synthetic data and occurrence of the book that has helped to produce suspicious reports
• Implementation of new  IOS features: storing, historicizing, postprocessing and visualization of data stored (for a fixed maximum number of days, tied to the size of storage for saving data).

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