Nasdaq Enhances Market Surveillance with AI to Combat Sophisticated Abuse Schemes
Nasdaq, Inc. has upgraded its global market surveillance platform by embedding advanced AI capabilities throughout the investigation process. The enhancements follow a successful pilot program and are now deployed across 50 exchanges and 20 regulators worldwide. Edward Probst, Nasdaq's Head of Regulatory Technology, emphasized the need for sophisticated tools to counter increasingly complex market manipulation tactics that exploit indirect relationships.
The new system leverages expansive datasets and predictive analytics to improve detection accuracy while reducing false positives. Traditional manual methods have proven inadequate against cross-jurisdictional schemes that evade conventional monitoring. Nasdaq's solution aggregates intelligence from its client network, creating a collective defense mechanism for capital markets integrity.
