CFTC Enhances Fraud Detection Capabilities Using Nasdaq Surveillance Technology
"This new suite of solutions will also improve efficiency in analyzing market trends and identifying unusual or disruptive trading activity so that our lean and talented staff can take appropriate action more quickly."
Caroline D. Pham, CFTC Acting Chair
"This new suite of solutions will also improve efficiency in analyzing market trends and identifying unusual or disruptive trading activity so that our lean and talented staff can take appropriate action more quickly."
Caroline D. Pham, CFTC Acting Chair
The CFTC upgraded its market surveillance and fraud detection capabilities using Nasdaq's "industry-leading suite" of technology solutions. The Nasdaq platform will provide the CFTC with automated alerts and cross-market analytics.
The CFTC stated that the Nasdaq platform will enable regulators "to identify potential manipulation patterns spanning multiple asset classes, conduct detailed transaction-level analysis, and generate automated alerts across products and trading venues." The CFTC said that the platform will allow "a unified view of market activity with granular data insights and the ability to scale rapidly through periods of heightened volume and volatility."