Nasdaq Inc. announced the launch of a generative AI-powered feature within its Market Surveillance technology, aimed at improving the efficiency and effectiveness of market abuse investigations. This cutting-edge solution is expected to reduce investigation time by 33%, streamlining the process for detecting and examining suspected market manipulation and insider trading.
The new AI capability will be implemented for U.S. equity market surveillance, promising faster and more accurate identification of potential market abuses. “Maintaining trust in capital markets is critical to preserving long-term growth and prosperity,” said Ed Probst, Senior Vice President and Head of Regulatory Technology at Nasdaq.
https://twitter.com/Nasdaq/status/1790736574319153625?ref_src=twsrc%5Egoogl
Nasdaq Enhances Market Surveillance with AI-Powered Technology
- By Abhijeet Adhikari
- Published on
This cutting-edge solution is expected to reduce investigation time by 33%, streamlining the process for detecting and examining suspected market manipulation and insider trading.
