Trillium, a proprietary trading and trading technology company, today announced an expansion of its Surveyor product to include futures data.
Trillium Surveyor is a trade surveillance product that analyzes full depth-of-book of market data, allowing traders and compliance professionals to more accurately detect market manipulation, including layering and spoofing. Traders can also use Surveyor to analyze their order messages alongside depth-of-book market data to improve their trading algorithms.
Trillium has now added futures data to Surveyor. Firms that trade on any CME venue can now import their trade data into Surveyor simply by contacting their CME representative. New customers start viewing their trading in Surveyor in a matter of hours.
“The CFTC has been very aggressive in enforcing the new anti-spoofing laws,” said Barry Schwarz, CEO of Trillium. “With Surveyor we are giving futures firms the ability to efficiently monitor large volumes of order flow to make sure they don’t have a problem.”
Surveyor’s expansion into futures comes two years after its initial launch, and following an extensive product overhaul completed earlier this year. Surveyor reduces false positives and quickly and easily illustrates potential violations, saving trading firms and their brokers time and money.
Trillium also offers a free HTML5-based version of Surveyor, which allows users to view historical depth-of-book market data in any symbol on any date at any microsecond, now including CME futures symbols.