Intermarket Surveillance Information System - ISIS
Categories: Tech
Less famous than the other ISIS, but much more friendly (and less prone to acts of extreme violence), the Intermarket Surveillance Information System monitors market activity in order to protect against fraud and manipulation.
ISIS (the good one) collects and stores data related to trading activity...things like who made the trade and when it happened. The database relates to both equity and options markets. Regulators can use the ISIS information to track potential fraud, and use the data as evidence when illegal activity is discovered.