Definition ∞ Trade integrity refers to the assurance that all transactions within a financial market, including digital asset exchanges, are executed fairly, transparently, and without manipulation. This concept encompasses the reliability of pricing, the absence of insider trading, and the secure processing of orders. Maintaining trade integrity is essential for fostering trust, ensuring fair competition, and protecting participants from fraudulent activities. It upholds market fairness.
Context ∞ Discussions about trade integrity are constant in crypto news, especially concerning market surveillance, regulatory efforts, and the prevention of practices like wash trading or front-running. Exchanges and regulators continually implement measures to enhance trade integrity, aiming to create a more equitable and trustworthy trading environment. Reports on market manipulation often prompt calls for stronger oversight and enforcement.