The market monitoring is an essential function, designed to create confidence in the market, ensure its efficiency and integrity and promote its liquidity.

This activity, carried out within GME by a dedicated structure, provides for the daily supervision of the market transactions, including through automatic alerts and specific procedures in order to identify any conduct of the operators that are inconsistent with the provisions of the Regulations/Disciplines of the GME markets and of the National and European reference standards.

Institutional collaboration
GME collaborates to the monitoring of ARERA, providing data, reporting, analysis and simulations. This collaboration, initiated within the instrumental activities that GME performs pursuant to Resolution AR /elt 115/08 (TIMM), was established by Law no.161 dated October 30, 2014 (in force since 25/11/2014), that allows ARERA to employ GME when investigating suspected cases of market abuse. At European level, GME works closely with ACER in the different groups of experts aimed at the implementation of Regulation (EU) No. 1227/2011 (REMIT)

Transparency
Any disciplinary measures taken by GME in respect of the market participants are published in the special section of the website and, annually, in a report on the disciplinary measures taken