SIA EAGLE Surveillance - Real Time Alarm Templates

A powerful Complex Event Processing engine to analyse real time data flows.

Complex Event Processing (CEP) is a technology for low-latency

  • filtering
  • correlating
  • aggregating
  • computing on real-world event data.

Rules flexibility allows real time detection and storage (also for future off line use) of information on

  • specific events (e.g. anomalous price variation or trading volumes)
  • their frequency or sequence
  • contingent specific market conditions
  • comparison with trading behaviour on other venues for the same financial instruments.

Real Time Rules check market events seeking for abnormal behaviours of:

  • price (or bond yield, if available on the incoming event) or volume movements
  • market position or exposure
  • trade concentration
  • order cancellation concentration.

Real Time Rules check market events seeking for abnormal behaviours of:

  • price (or bond yield, if available on the incoming event) or volume movements
  • market position or exposure
  • trade concentration
  • order cancellation concentration.

Real Time Rules are triggered by market events and information, received in real time from the trading systems, also considering short intra-day periods calculated values.

The relevant events / information are related to:

  • orders and quotes (e.g. new, update, cancel)
  • market deals (order matching or quote hit)
  • market data (aggregated or full book)
  • incoming news
  • market phase changes
  • instrument suspension / reactivation.