Coordinated positioning
Did several accounts take the same side of the same market within a very short window?
In plain English
Several accounts took the same side of this market within a very short window. That can be a crowd reacting to the same news, or accounts acting together; the distinction needs the news check.
What the record supports
- The number of distinct accounts, the direction taken, and the span of time between the first and the last.
- Whether those accounts are otherwise linked, or unconnected.
- How tight the window is against the market's normal arrival rate.
What the record does not support
- Whether they coordinated, or all reacted to the same public moment. A goal, a headline and a rumour all produce this shape.
- Communication between participants, which leaves no trace we can see.
Obligation
Why it matters.
Coordinated action can move a price in a way no single participant could, which is a market manipulation concern. The distinction between a crowd and a group is the whole question here, and it usually turns on whether something public happened at that moment.
We describe what was detected and which duty it engages. Whether any obligation has been breached is a judgement for the operator's compliance and legal function, not for an instrument.
See the rest of the set.
Twelve indicators across three obligation families, each with its coverage stated as plainly as its capability.