A deep-learning Artificial Intelligence system will work
together with human analysts to monitor the Nasdaq’s data base to look for
suspicious behavior.
The Nasdaq stock market is the world largest stock
exchange and because of this reason it’s the most attractive target for the
fraudsters too.it must be constantly monitored for attempts to illicitly beat
the system. These can include manipulations to inflate a stock’s closing price,
rapidly buying and selling stocks to give the false impression of a lot of
activity and placing a large buy or sell order with no intention of actually executing
to create artificially high demand. To monitor this all Nasdaq stock market activities the
Artificial Intelligence system is being made for it. A new deep-learning system
is working alongside with human analysts to keep watch over roughly 17.5
million trades per day. The system will give strength to an existing software
surveillance system that uses statistics and rules to flag any signs of market
abuse.
The new system should have a many advantages. First,
Nasdaq claims it will be more accurate at identifying patterns of abuse and
reducing the burden on human analysts. Second, it will be better at detecting
more complex patterns and particularly spoofing, which Nasdaq believes that
spoofing will become increasingly common.
If the system get success then the company plans to start this system globally. Nasdaq also operates 29 total markets across North America and Europe and provides market surveillance technologies to 59 other marketplaces, 19 regulators and over 160 banks and brokers
This will eventually make markets much more secure and
free from all the malpractices. Although, the data provided by this particular
technology is much more accurate than the manual practice and it enables
regulators to evaluate the wrongdoings in the marketplace.
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.
ConversionConversion EmoticonEmoticon