Learning Platform - "Trade Compliance & Surveillance"
Course: Abusive Schemes
About the online training programme
Under the Regulation on wholesale Energy Market Integrity and Transparency (REMIT), the Agency for the Cooperation of Energy Regulators (ACER) has developed a Guidance. The document, although it is legally non-binding, provides important insights in what is considered abusive, also in the sense of market manipulation. There are various types of market manipulation, being classified in categories of abuse. The abusive behaviours are quite diverse, including physical withholding, a typical activity not applicable to markets where equity or bonds are traded, but physical commodities.
Course contents
This series of courses consists of the following video lessons, as well as an exam:
- Recital 13
- Recital 14
- Guidance – Introduction
- Guidance – Wash trade
- Guidance – Improper matched order
- Guidance – Placing orders with no intention executing them
- Guidance – Marking the close
- Guidance – Abusive squeeze
- Guidance – Cross-market manipulation
- Guidance – Physical withholding
- Guidance – Scalping
- Guidance – Pump & dump
- Guidance – Circular trading
- Guidance – Pre-arranged trading
- Guidance – Spreading false or misleading information
- Guidance – Other behaviour to spread false or misleading information
