NYSE Technologies, the commercial technology unit of NYSE Euronext (NYX), is launching its post-trade monitoring tool, Trade Exception Radar. The product, hosted in the NYSE Technologies U.S. Liquidity Center in Mahwah, is designed to offer fully automated surveillance and compliance capabilities across asset classes.
The Trade Exception Radar provides comprehensive post-trade monitoring capabilities alongside a fully automated workflow that tracks trading patterns in real-time with detailed compliance and regulatory reporting. The tool also features an audit trail that includes surveillance of executed trades to alerting, escalation, resolution, and reporting all in sync with regulatory compliance. In addition, the Trader Exception Radar has the ability to interface with multiple Order Management Systems (OMSs) and provide real-time ID and alerting of trade exception problems.