Market Surveillance Policy

EXMO has in place a Market Surveillance Policy to ensure it monitors trades conducted on its platform to identify and prevent abusive trading practices by monitoring market manipulation, fraud and illicit trading behavior. The market surveillance policy covers all digital assets and geographies to identify threats from any trading transactions. It protects EXMO from reputational risk and its customers from losses due to fraud, while ensuring compliance with laws and regulations.

As expectations by regulators for trade surveillance in the cryptocurrency markets are increasing, EXMO ensures it adheres to a broader range of global regulations, implementing trade surveillance measures for identifying market abuse, behavioral patterns, and non-compliant activities. Regulators are looking to enhance market transparency and boost investor’s confidence, to do this EXMO focuses on both pre-trade surveillance and post-trade surveillance. Prior to trading, EXMO ensures it understands its clients, the purpose of trading as well as source of any funds traded on the platform. Post-trade EXMO monitors all withdrawals including the destination of any fiat or crypto funds.

The trade surveillance tool offers the capabilities for pre-trade, post-trade, & market surveillance, along with identifying abuse on the platform and trade violations. Trade surveillance activities include a complete analysis of our order book, investigation of complete audit trails of orders and trades. It helps in mitigating illegal trade practices and safeguarding our customers.

Our robust trade surveillance tool was designed focused on the nature, scale and complexity of the EXMO platform and is capable of accessing complete historical & real-time data, using big data analytics and has an extensive business rule engine and robust reporting capability. The trade surveillance focuses on detecting anomalies in trading activities and behavioral pattern analysis, this allows us to monitor trading activities and generate alerts based on suspicious transactions. The trade surveillance tool is adaptable and dynamic to allow EXMO to meet changes to both global regulatory obligations and the trading activity of its customers.

EXMO takes surveillance of the trading activity on our platform very seriously. Our team uses cutting-edge trade surveillance and monitoring technology, both in-house and provided by Ciphertrace. The 24/7 automated monitoring allows us to monitor trading and receive real-time information alerts that can be quickly processed, this allows our compliance teams to make the necessary decisions.

The key capabilities of EXMO Trade Surveillance Tool:

• Real-Time Data Integration – data integration from a variety of sources and real-time decision making and detection of trading patterns.
• Advanced Analytics – detection of anomalies in behavior and trading activity to enable risk-based discovery.
• Compliance with Global Regulations – meets global and country-specific compliance frameworks as they push crypto service providers to have a robust surveillance system in place.
• Dynamic – to ensure it meets the changing trading activity of clients as well as the changes in the structure and technology used in crypto markets. Reviewed and improved continuously.
• Investigation and alerts – in-depth investigation of alerts and trading scenarios.

EXMO’s goal is to provide our clients with the most trusted, secure place to access the crypto economy. Compliance, market integrity and oversight are core components of this approach and we are constantly improving our systems in order to be able to provide the highest quality service to our users.