Steps to Review an Opening or Closing Auction Manipulation Event
FOUND IN: Open – Close Manipulation
To detect opening or closing auction manipulation, Surveyor looks for three conditions to be met. Surveyor walks you through one of these events in three steps in the plain English story panel on the left hand side of the screen.
1. Auction Orders
Condition 1: Account enters auction – only buy order.
2. Opposite Side Orders
Condition 2: Account enters sell orders in the continuous trading market.
3. Auction Price
Condition 3: Auction-only order is filled at a price lower (more favorable) than if the sell orders had not been entered.
Using the Results
More on Reviewing Events
Next, see how to review a marking the close or window dressing event. For more information about auction imbalance manipulation and further reading and analysis, visit our in-depth article.