EP771: What is cross-product manipulation and how to spot it…

Matt Storey, Chief Product Officer, SteelEye

Cross-product manipulation happens when an individual or entity places orders or trades in one financial instrument to unlawfully influence the price of another, either on the same platform or on different ones.  This kind of manipulation can be tricky for firms to spot because it often leaves only subtle clues. But regulators in the US and UK are paying more attention to it. Robin Amlôt of IBS Intelligence speaks to Matt Storey, Chief Product Officer of SteelEye, a provider of integrated financial markets surveillance.