Regulatory body strengthens monitoring capabilities through integration of Nasdaq technology.

In a significant move to bolster its market surveillance and fraud detection capabilities, the Commodity Futures Trading Commission (CFTC) has deployed Nasdaq's Market Surveillance platform. This partnership aims to promote the integrity, resilience, and vibrancy of U.S. derivatives markets.

The Nasdaq platform is designed to support the critical frontier of preventing and detecting market abuse, both in traditional and crypto asset markets. It provides detailed transaction-level analysis and generates automated alerts across products and trading venues.

One of the key features of the platform is its ability to scale rapidly during periods of increased market activity, making it particularly valuable during times of heightened volume and volatility.

The platform's flexible architecture delivers a unified view of market activity with granular data insights. It allows global regulators to identify potential manipulation patterns across multiple asset classes, including fixed income, commodities, currencies, crypto assets, and event-based markets.

The CFTC, under the leadership of Acting Chair Caroline Pham, is poised for growth in digital asset markets. The agency has launched a crypto sprint to implement recommendations from a recent White House report.

Nasdaq Market Surveillance, the most widely used market surveillance technology globally, is serving over 50 exchanges and 20 international regulators. It helps maintain the integrity of capital market ecosystems around the world.

The new platform will improve efficiency in analyzing market trends and identifying unusual or disruptive trading activity. Access to comprehensive order book data, essential for real-time analysis and decision-making, is provided by the Nasdaq platform.

The CFTC's new technological capabilities replace its '90s-era legacy system. Nasdaq, as both an owner and operator of heavily regulated markets, and a technology provider to financial services companies worldwide, is partnering with the CFTC to support their mission.

The partnership between Nasdaq and the CFTC underscores the importance of advanced technology in ensuring market integrity, particularly in the context of crypto asset markets. The platform offers integrated monitoring across CFTC markets and provides resilient and scalable surveillance capabilities to maintain the integrity of derivative markets.

In addition, the Nasdaq platform provides automated alerts and cross-market analytics to support the CFTC's mission to promote market integrity. This collaboration is expected to strengthen the CFTC's efforts in overseeing a wide array of derivatives markets and contributing to the vibrancy and resilience of U.S. derivatives markets.

Regulatory body strengthens monitoring capabilities through integration of Nasdaq technology.