Nasdaq Introduces Generative AI to Enhance Global Market Surveillance Offering

Nasdaq announced the new AI powered feature within its Market Surveillance technology solution that will enhance the quality, speed, and efficiency of market abuse investigations performed by its clients. 

According to Nasdaq, the solution leverages generative AI to streamline the triage and examination process involved in investigating suspected market manipulation and insider dealing, empowering regulator and marketplace clients to more effectively monitor and detect potential market abuse. Nasdaq is planning to leverage the generative AI enabled functionality for its U.S. equity market surveillance.

"Maintaining trust in capital markets is critical to preserving long-term growth and prosperity," said Ed Probst, Senior Vice President and Head of Regulatory Technology at Nasdaq. "Market abuse is a substantial global challenge and one that demands increasingly sophisticated solutions to address it. As a major regulatory technology provider to the world’s financial system, with a deep culture of innovation, Nasdaq is uniquely placed to leverage the power of technology to further enhance the tools and capabilities necessary to uphold the integrity of marketplaces globally."