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'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

#artificialintelligence

Email This Article NEW YORK (Reuters) - Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. The software could, for instance, scrub chat-room messages to detect dubious bragging or back slapping around the time of a big trade. It could also more quickly unravel complex issues, like "layering," where orders are rapidly sent to exchanges and then canceled to artificially move a stock price.


'Siri, catch market cheats': Wall Street watchdogs turn to artificial intelligence - The Economic Times

#artificialintelligence

NEW YORK: Two exchange operators have announced plans to launch artificial intelligence (AI) tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. The software could, for instance, scrub chat-room messages to detect dubious bragging or back slapping around the time of a big trade. It could also more quickly unravel complex issues, like "layering," where orders are rapidly sent to exchanges and then canceled to artificially move a stock price. AI may even sniff out new types of chicanery, said Tom Gira, executive vice president for market regulation at the Financial Industry Regulatory Authority (FINRA).


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

#artificialintelligence

China's Xiongmai to recall up to 10,000 webcams after U.S. hack HONG KONG A recall of webcams linked to a major cyber attack in the United States last week will involve up to 10,000 of the compromised devices, Chinese manufacturer Hangzhou Xiongmai Technology Co told Reuters on Tuesday.


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

Daily Mail - Science & tech

Artificial intelligence programs have beaten chess masters and TV quiz show champions. The'machine learning' software it is developing will be able to look beyond those set patterns and understand which situations truly warrant red flags The technology would not necessarily prevent events such as the 2010 'flash crash.' However, it could be quicker to catch manipulative behavior thought to contribute to them. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. No comments have so far been submitted. Why not be the first to send us your thoughts, or debate this issue live on our message boards.


RPT-"Siri, catch market cheats": Wall Street watchdogs turn to A.I.

#artificialintelligence

DETROIT, Oct 25 General Motors Co reported much higher-than-expected third-quarter earnings on strong North American truck and SUV sales, calming fears that a U.S. auto market slowdown would dent profitability.


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

#artificialintelligence

YOKOHAMA Nissan Motor Co Ltd and Renault SA are open to partnerships with other companies to equip their vehicles with sophisticated technology as automakers race to develop the cars of the future, the pair's connected vehicles chief said.


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

#artificialintelligence

SAN FRANCISCO In the first real-world commercial use of autonomous trucking, some 45,000 cans of Budweiser beer arrived late last week to a warehouse after traveling over 120 highway miles in a self-driving truck with no driver at the wheel, executives from Uber [UBER.UL] and Anheuser-Busch said.


'Siri, catch market cheats': Wall Street watchdogs turn to A.I.

#artificialintelligence

NEW YORK: Artificial intelligence programs have beaten chess masters and TV quiz show champions. Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly. The software could, for instance, scrub chat-room messages to detect dubious bragging or back slapping around the time of a big trade. It could also more quickly unravel complex issues, like "layering," where orders are rapidly sent to exchanges and then canceled to artificially move a stock price.