# Securities Watch Application (SWAP)

- Canonical URL: https://www.gerhardmerk.de/securities-watch-application-swap-2
- Post ID: 588607
- Modified: 2023-07-25T21:13:10+00:00
- Language: en

## Definition

Automatic market monitoring procedure used on stock exchanges throughout Europe. On the basis of mathematical-statistical models, indices of conspicuous issues are calculated on an ongoing basis for certain variables in securities trading, especially those that indicate insider transactions. If the threshold values entered are exceeded, a more detailed check is carried out or the supervisory authorities are called in. - There are contradictory statements about the success of the system. It is unlikely that disloyal senior executives will be able to avoid setting up companies abroad to act as nominees, which are difficult or impossible to deal with legally. - See outliers, watch list, misstatement, trade monitoring center, nominee, scenarios, exceptional, transaction reports. - See BaFin Annual Report 2003, pp. 180 f., BaFin Annual Report 2009, pp. 178 f. (suspicious transaction reports) BaFin Annual Report 2012, pp. 175 ff. (BaFin resolutely pursues market manipulation; individual cases), and the respective BaFin Annual Report, chapter "Supervision of Securities Trading and Investment Business." Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1