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From Wikipedia, the free encyclopedia

Market surveillance of stock, bond and securities markets arose after the Great Depression with the creation of securities commissions to provide financial regulation to prevent acts that would damage the integrity of markets, acts that are now known as market abuse. Market surveillance is one tool that securities commissions use to do their jobs. Market surveillance is also used by securities markets themselves for internal policing, and by brokerage firms as part of their market analysis. Some industries such as electric power, have specific monitoring of their market.[1]

Beginnings

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The need for internal monitoring of financial markets was one of the driving forces behind the creation of the New York Stock Exchange.[2]

ISO Market Surveillance Committee

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ISO Market Surveillance Committee is an independent advisory group of industry experts that makes recommendations regarding the efficient operation of the markets to the ISO Board of Governors.

Software

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As financial markets became larger and more complex only computers could do an adequate job of surveillance. Early software was developed by [[

  1. ^ An example is the Market Surveillance Committee of the ISO of California "Market Surveillance Committee".
  2. ^ "National Register of Historic Places Inventory – Nomination Form, 11 Wall Street" (PDF). National Park Service. Retrieved 10 February 2017.