Madrid-based surveillance provider Fonetic found a 20 percent increase in requests from banks to address conduct risk monitoring calls and chats between their traders and other employees, compared with last year. The data also showed that alerts on trader behavior such as swearing or using derogatory language are eight times more frequent than alerts on intent related to market abuse.
Juan Diego Martin, chief operating officer at Fonetic, says there is an increasing concern in banks about how
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails
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