a proprietary trading and trading technology company, announced today
a Monex Group company and award-winning* online broker-dealer and
futures commission merchant, will now use Trillium’s Surveyor platform
for trade surveillance.
“We are very excited to bring on TradeStation, an industry leader in the
online retail broker space, adding to the growing list of top-tier firms
that are switching to Surveyor,” said Bailey Kessing, Business
Development at Trillium. “Our extensive list of supported markets and
asset classes made TradeStation’s transition to Surveyor quick and
As regulatory oversight of trading practices and market manipulation has
increased, a thorough compliance program is crucial in order for online
brokers to comply with regulatory requirements to conduct trade
surveillance. Having an efficient, cutting-edge trade surveillance
platform like Surveyor not only saves online brokers the time and
expense of building their own systems, which is crucial for a business
model driven by pricing pressures, it also demonstrates to regulators
and customers that the firm takes its trade surveillance obligations
“Market surveillance is a crucial part of running a successful online
trading firm and knowing that Trillium is recognized as a highly
distinguished and trusted company made our decision to sign on with them
a simple one,” said Herbert Walton, Chief Compliance Officer at
TradeStation Securities, Inc. “We are confident that Surveyor will help
TradeStation maintain effective regulatory compliance to prevent and
detect market abuse and manipulation.”
Trillium is a diversified financial services firm operating two business
lines: Trillium Trading, a proprietary trading group and Trillium Labs,
a trading technology development group and the creator of Surveyor, a
post trade analytics and market surveillance tool designed to detect and
eliminate market manipulation. Trillium is headquartered in New York
City, with trading floors in Chicago, and Miami. For additional
information, please visit www.TRLM.com.
About TradeStation Group, Inc.
For more than 30 years, the TradeStation
Group companies have been pioneering leaders in the online trading
industry, committed to delivering the best trading technology, brokerage
services, trading education and support to individual and institutional
traders. TradeStation’s award-winning trading and analysis platforms
offer access to equities, options and futures trading at the major U.S.
equities and options exchanges and market centers, as well as the major
futures exchanges. TradeStation’s clients have access to the powerful
tools needed to design, test, optimize, monitor and automate custom
trading strategies, and its mobile and web trading apps allow clients to
take the power of the TradeStation trading experience on the go.
TradeStation also provides a vast array of educational offerings to help
beginning and advanced clients learn online trading and investing skills
to help them meet their trading and investment objectives.
* Visit TradeStation.com/Awards
for more information.