Surveillance
The main objective for Burgundy's market surveillance is to supervise the trading at Burgundy in order to maintain a fair and orderly market.
Market surveillance will continuously review the trading, including the price formation process to detect any trading behavior that may be a breach of Burgundy's rules, other laws and regulations and best practices (Regulations). Burgundy will report any activity that could be a potential breach of the regulations to Finansinspektionen or other relevant regulatory authority.
A potential breach of the regulations may also be subject to an investigation by the Disciplinary committee
Burgundy uses the SCILA electronic surveillance system. SCILA is an advanced system that monitors all trading in real-time and provides alerts and reports in the event of various types of unusual activity. This includes abnormal price changes, unusual activity by trading participants and potential breaches of the trading rules.
