nasdaq launch machine
Nasdaq launches machine learning tech for Nordic Markets surveillance Financial Industry & Algorithmic Trading News
Stockholm - Nasdaq has deployed machine learning technology across its entire Nasdaq Nordic markets-Stockholm, Copenhagen, Helsinki, and Iceland to bolster its market surveillance efforts. Nasdaq's SMARTS, in collaboration with the Nasdaq Nordic Market Surveillance team, has implemented machine learning within its surveillance technology to analyze abnormal market events and their subsequent categorization by surveillance analysts across the Nordic markets. The aim of these algorithms is to predict which actions analysts are likely to take based upon their handling of historical activity as well as discover new relationships within the data-thereby strengthening Nasdaq Nordic's surveillance mechanism to detect market abuse. The next stage will be to integrate machine learning technology into the SMARTS offering for exchange and regulator clients worldwide. The machine learning capabilities will initially be used to prioritize the surveillance workflow.
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Nasdaq launches machine intelligence-enhanced data service
Nasdaq has launched a service to help fund managers and quantitative traders better use data from social media, central bank announcements, retail sentiment and other sources to improve trading profits. The Nasdaq Analytics Hub will use machine intelligence, a subset of artificial intelligence, to derive signals from end-of-day data that market participants can use to enhance investing strategies, the exchange operator said. It analyzes social media sentiment, central bank communications, retail sentiment, technical factors, and event based signals. The Nasdaq Analytics Hub will use machine intelligence to derive signals from end-of-day data that market participants can use to'enhance investing strategies'. The data from Nasdaq and third party providers are vigorously vetted with the help of financial technology startup Lucena Research, Mike O'Rourke, global head of machine intelligence and data services at Nasdaq, said in an interview.