Indicators
Twelve questions, each tied to a duty.
Grouped by the obligation family they engage. Each page sets out what the public record supports, and what it does not, in the same amount of detail.
AML/CFT
Whether the platform is being used to move or disguise the origin of money, and whether the accounts doing it are what they appear to be.
- 01Wash tradingIs volume in this market real, or is a participant trading with itself?Observable
- 02Linked walletsWhich accounts are actually one participant?Observable
- 06StructuringDid a participant build a large position out of many small trades rather than a few obvious ones?Observable
- 07Fund flow and layeringDid the money reach this account through a chain of transfers shortly before it took a position?Partly observable
- 12New-wallet positionDid an account we have only just seen take a large position close to settlement?Observable
Market integrity
Whether prices reflect genuine opinion, or whether someone is acting on information others do not have, or moving the price on purpose.
- 03Pre-event spikeDid the price move sharply before the information that would explain it became public?Partly observable
- 04Coordinated positioningDid several accounts take the same side of the same market within a very short window?Observable
- 08SpoofingAre orders being placed and pulled to move the price without any intention to trade?Screening only
- 09Cross-platform divergenceIs the same question priced differently on another platform, and for how long?Partly observable
- 11Resolution-window riskDid activity spike unusually close to the moment this market settles?Observable
Consumer protection
Whether the market is fair to the people trading in it, and whether any individual's trading pattern warrants a welfare check.
Severity
How detections distribute.
Severity sets the order of the queue: how quickly a detection wants a human. It is not a measure of how confident we are that the detection means anything, and the two are easy to confuse.
- AML/CFT219 detections
- Critical 18
- High 96
- Medium 74
- Low 31
- Market integrity154 detections
- Critical 6
- High 41
- Medium 63
- Low 44
- Consumer protection121 detections
- Critical 9
- High 52
- Medium 38
- Low 22
Severity ranks the queue, not the certainty of a finding. A critical detection is one asking to be looked at first, not one we are most sure about.
Specimen figures. Not live data, and not drawn from any platform.