Coverage, what a finding means, and the limits — answered directly, including where the answer is no.
European wholesale power: 31 EU and UK bidding zones across 24 countries. Day-ahead and the three intraday auctions come from Nord Pool and ENTSO-E, continuous intraday from EPEX SPOT across 23 market areas, and Great Britain from Elexon BMRS. Gas, oil, carbon and non-European power markets are not covered.
No. Every finding is an indicator for human review, never a determination. A price the reconstruction cannot explain most often has an explanation the model cannot observe — an unpublished outage, a network constraint, a hedge being unwound. Findings carry the model's calibrated out-of-sample error, and a gap inside that error is reported as inside it.
Accuracy is reported per zone rather than as a single headline figure, because it varies enormously. Reconstruction is weakest in hydro-dominated zones, where marginal price reflects a storage scheduling decision rather than a fuel cost; in scarcity hours, where price is set by willingness to pay; and in congested hours, because allocated cross-zonal capacity is not yet ingested. Calibration is walk-forward, so the reported error is out-of-sample.
Not today. It surveils the published market, not your book. Post-trade controls over a firm's own order and trade feed — orders per second, price and volume collars, T+1 verification — are on the roadmap and are not built. That means order-book typologies such as layering, spoofing and wash trades are out of scope.
Because they are not published. Nord Pool aggregates orders into 13 clusters, and zones outside those clusters — among them Switzerland, Czech Republic, Spain, Hungary, Portugal, Slovenia and Slovakia — have no public order-book view at all. Great Britain has none either: it clears through N2EX and a GB-exclusive half-hourly product for which aggregated curves are not published.
It depends on the stream, and the constraint is upstream rather than ours. Nord Pool serves aggregated bid curves for the current and next delivery day only — ask for the day before and the API returns 401 — so history exists only from the point daily capture began. ENTSO-E and Elexon serve much wider windows and can be backfilled.
Yes. Data health, the market snapshot and price comparison are available free with no card, so the coverage and freshness questions can be answered without a sales conversation. Auction surveillance, bid curves, watchlists and counterfactual simulation are on the paid plan.
No. It produces evidence that informs whether a report is warranted. Submitting a suspicious transaction or order report, and deciding to, remain the firm's process.
The application database is managed Postgres in an EU region, and raw upstream payloads are held in Cloudflare R2 object storage. Organisation-scoped data is isolated by Postgres row-level security. Market data is shared reference data, because it is the same public facts for every tenant.