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Nasdaq launches machine learning tech for Nordic Markets surveillance Financial Industry & Algorithmic Trading News

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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.

  artificial intelligence, machine learning, nordic market surveillance financial industry, (6 more...)
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  Industry: Banking & Finance > Trading (1.00)