CFTC and Nasdaq Partner to Provide Advanced Surveillance Capabilities

The Commodity Futures Trading Commission (CFTC) has partnered with Nasdaq to make use of the exchange’s Market Surveillance platform, in a bid to enhance market oversight.  The collaboration is set to support integrated monitoring across CFTC markets and provide scalable surveillance capabilities to promote market integrity. Additionally, the integration of Nasdaq’s surveillance technology suite is expected to provide sophisticated tools to help CFTC in addressing growth in traditional and new derivatives markets and products, with recent developments spanning the increasing uptake of extended trading hours and market structure innovation.  “Nasdaq Market Surveillance will, for the first time, provide the CFTC with automated alerts and cross-market analytics that will benefit each of the CFTC’s operating divisions and better protect our markets from fraud, manipulation and abuse. This new suite of solutions will also improve efficiency in analysing market trends and identifying unusual or disruptive trading activity so that our lean and talented staff can take appropriate action more quickly.”