The Futures Futures (CFTC) Committee enhances market monitoring and detection capabilities and detecting fraud, developing Nasdaq’s surveillance technology suite.
As CFTC embraces an expanded regulatory mission, Nasdaq’s surveillance platform will support the organization’s mission to promote market integrity.
“As our markets continue to evolve and incorporate new technology, it is crucial that the CFTC remains in front of the curve,” the PHAM president said. “Nasdaq market surveillance will provide CFTC automated notifications and interval of intersecting markets that will benefit from each of the operating divisions of CFTC and better protect our markets from fraud, handling and abuse.
“Today’s financial markets require advanced surveillance technology that can be adapted to rapid regulatory development and emerging classes of assets,” said Tal Cohen, president at Nasdaq. “And as the owner and operator of the heavy regulated markets, as well as a technology provider to the financial services companies worldwide, Nasdaq takes a unique place at the intersection of innovation and regulation.
Nasdaq market surveillance serves over 50 exchanges and 20 international regulators, helping to maintain the integrity of capital market ecosystems worldwide.
The CFTC is responsible for the supervision of a wide range of dynamic and growing derivative markets ranging from fixed income, goods and coins, encryption assets and event -based markets. The organization is also ready for development in digital assets markets, launching a cryptographic sprint to apply recommendations from a recent White House report. Growth in both traditional and new markets and products, combined with innovations in the structure of the market, such as the start of continuous transactions, require more and more sophisticated tools to prevent and detect potential market abuse.
The Nasdaq platform allows for complete monitoring of CFTC markets and provides durable and escalating surveillance capabilities to maintain the integrity of derivative markets.
The NASDAQ platform allows regulators worldwide to identify potential handling standards that cover multiple categories of assets, conduct a detailed transaction level analysis, and create automated notifications between products and commercial spaces.
The flexible architecture of the platform provides a consolidated view of market activity with detailed data and the ability to escalate quickly through periods of increased volume and volatility. This includes access to integrated order book data to support real -time decision -making and decision -making, which is a critical border to prevent and detect market abuse in both traditional and cryptographic assets.