Swift and effective advisory services

We develop, audit, update or provide a 2nd opinion on your trade compliancy framework, incl. a policy on algo trading, insider trading, inside information, market manipulation, and Chinese walls.

• General Trade Compliance Framework
• Inside Trading policy
• Market Manipulation policy
• Chinese Walls policy
• Algorithmic trading policy
  • Procedure for internal approval process of new algorithms
  • Policy and guidance on other algorithm setup obligations (e.g. pre/post-trade controls, limits, kill-switch, responsibilities)
  • Policy for the setup of an internal market (matching opposing orders in-house to prevent wash trades / self-trades)

We develop policies around market abuse prevention & detection and data reporting. This includes alert management, case handling and notifying authorities about suspicious behaviour.

• Policy, procedures & guidelines on Market Monitoring or Trade Surveillance
• Policy on Alert Management & Case Handling
• Policy on the Reporting of Suspicious Behaviour

We assist organisations with risk identification, risk assessment and risk control. We have advised on risk quantification methodologies & parameters, as well as combining scenario and sensitivity analysis.

We help companies effectively manage their exposures, for instance, by the application of hedging tools and how to do it.

Parties with a trading function need market access, plus effective control functions and support functions. We help organisations to:

• arrange broker agreements and exchange membership,
• setup master agreements for bilateral deal-making,
• organise credit support,
  perform vendor selection for trading & risk management systems or surveillance systems,
• define mandates,
  develop & implement limit structures,
• organise reporting,
• quantify risk,
• develop hedging strategies,
• solve physical & financial challenges with forwards, futures or swaps,
• and to monetise & capitalise on the flexibility in the portfolio.

Our clients have consulted us on the valuation of derivatives positions, including options, as well as to price and model flexibility or optionality.