Korean exchange, KRX, is improving its market surveillance system. Major features of the upgraded system include improved unfair trading detection model, automation of analysis of the accounts suspicious of being involved in unfair trading and adoption of various analytical tools. The system uses a score system to trigger the identification of certain trading patterns as suspicious, adds Financial Times. The system will make possible the visual analysis of quotes and matching processes, thus enhancing the credibility of its markets and its ability to protect the investors.
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