Sebi tightens technical instruments to combat pump-and-dump market fraud

As market manipulation becomes more sophisticated with the rise of technology, India’s market regulator armed himself with equally advanced instruments. The Securities and Exchange Board of India (Sebi) moves from reactive monitoring to predictive supervision – the deployment of data -analysis and algorithmic supervision to detect ‘pump and dump’ schemes before turning. At the Capital Market Confluence in Mumbai on Saturday, Sebi chairman Tuhin Kanta Pandey said the improved oversight of the regulator uses algorithmic monitoring systems designed to determine abnormal price increases and volumes, which enable early intervention. “We have renovated our data suithouse system to develop new rule-based warnings to identify ‘pump and dump’ patterns and to detect fraudulent trades in bulk transactions,” Pandey said in his head, and it emphasizes that the quick supervision and regulatory dexterity are the key to maintaining investment. Patterns detected in earlier maintenance actions. Security market infrastructure an incredible amount of activities. In the past financial year, our stock exchanges handled more than 1600 crore messages daily, with a highlight of over 2900 crore messages. Behind these numbers is the confidence of investors. This is the confidence we should always protect, “Pandey said. The anti-fraud pressure extends to the digital app the ecosystem. To combat fraudulent programs that mimic registered brokers, the Sebi, Kamlesh Chandra Vershney, has revealed to the same event that the regulator has asked for verification bacelometors in the Play Store To close an initiative that is expected to go within two months. Embeddedly, Next Frontier: Algo Trading Varshney has also shown efforts to revive the commodity market, and note: ‘The immediate challenge is Algo trading -how to put it into effect. Market feathering digital resilience is. It prioritizes the long -term financial well -being of its clients, and understands that the client’s trust is the true source of resilience, “Pandey concluded.