System and method for detecting manipulation in financial markets

Abstract

A technique is presented for detecting manipulation in a market. The technique may be used with a web-based market that enables a plurality of traders to transact or to speculate in an item. A record of each transaction between the traders of the market is stored. The transaction records are accessed and processed to identify transactions representative of a potential manipulation of the market. To identify a potential manipulation of the market, the transaction records are processed to identify transactions between a first trading account established by a trader and a second trading account established as an alias trading account. In addition, the transaction records are processed to identify transaction executed as part of a plan of collusion between two or more traders.

Dependencies are inferred from the claim text.