For the First Time, Nasdaq Is Using Artificial Intelligence to Surveil U.S. Stock Market
For the first time, Nasdaq is applying artificial intelligence on its U.S. stock market to detect irregular and potentially malicious trading activity. The newly launched initiative aims to strengthen and revolutionize market surveillance through machine learning and other artificial intelligence (AI) capabilities. "The U.S. capital markets are the largest, most liquid financial ecosystem in the world and protecting our markets for retail and institutional investors alike is an important responsibility," said Martina Rejsjo, Vice President and Head of Market Surveillance, North America Equities, Nasdaq. "This means constantly evolving how we adopt and leverage new technologies to better surveil trading activity. By incorporating AI into our monitoring systems, we are sharpening our detection capabilities and broadening our view of market activity to safeguard the integrity of our country's markets."
Nov-10-2019, 14:21:27 GMT