Market Surveillance in Germany

Market Surveillance in GermanyMarket Surveillance ensures the proper conduct of trading

Functioning market surveillance is essential for exchange trading to be conducted properly and prices to be determined in a manner consistent with regulations. In Germany, several institutes cooperate closely in this sector.

Federal Financial Supervisory Authority (BaFin) Exchange Supervisory Authority (BAB)
Trading activities and market participants
Trading Surveillance Office (TSO)
Their aim is to ensure national and international standards are upheld.

BaFin

The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin, German Federal Financial Supervisory Authority) , is an independent institution under public law. It conducts investigations in the field of securities supervision, amongst other things, in cases of insider trading and market manipulation. It also examines possible infringements of publication duties and uncovers infringements of other regulations of the Securities Trading Act.