Cross-Firm Detection is an optional analytical service that identifies trading patterns, behaviors, or correlations that span multiple Client platforms. This section governs the terms under which Stackorithm may analyze anonymized trade data across participating Clients to deliver cross-firm detection outputs.
Participation: Cross-Firm Detection is available only to Clients who have provided explicit written consent to participate in the service through a separate Cross-Firm Detection Agreement or an addendum to their service agreement. Participation is voluntary and may be revoked at any time upon written notice to [email protected].
Anonymization Standards: All trade data used in cross-firm detection undergoes rigorous anonymization before comparison. Account identifiers, Client identifiers, and any fields that could be used to attribute patterns to specific Clients or trading accounts are removed or obfuscated. Stackorithm employs industry-standard anonymization techniques, including k-anonymity and differential privacy measures, to prevent re-identification of participating Clients or individual traders.
Cross-Firm Pattern Detection: When a trading pattern or behavior (such as hedging, copy trading, or multi-homing across platforms) is detected across the anonymized data of two or more participating Clients, Stackorithm generates a cross-firm detection output. These outputs identify the type of pattern detected and the number of participating firms exhibiting that pattern, but do not disclose the identity, raw trade data, or specific account information of any participating Client.
Bilateral Notification: When cross-firm activity is detected, Stackorithm will notify all affected participating Clients of the detection. Each affected Client receives only the detection output (pattern type and confidence assessment) and a notification that their anonymized data was included in the cross-firm analysis. No Client receives another Client's raw trade data, identifiers, or specific trade records.
Confidentiality of Cross-Firm Outputs: Cross-firm detection outputs are treated as confidential information of the affected Clients and of Stackorithm. Clients may not disclose cross-firm detection outputs to third parties, except as required by applicable law or regulation. Clients must implement appropriate safeguards to protect cross-firm detection outputs from unauthorized access or disclosure.
Non-Participating Clients: Trade data submitted by Clients who have not consented to Cross-Firm Detection is never included in cross-firm analysis, regardless of whether other participating Clients have submitted data that may relate to the same traders or trading patterns. The identity of participating Clients and the contents of their trade data remain confidential and are not disclosed to other participating or non-participating Clients.