Monday April 16 2018

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General




Nasdaq Inc. has announced that Hong Kong Exchanges and Clearing Limited (HKEX) is the first exchange customer in Asia to successfully deploy Nasdaq SMARTS Market Surveillance’s latest machine learning and participant relationship discovery technology across its equity market, enhancing its capabilities to safeguard market integrity, and better protect investors.

Nasdaq has worked closely with HKEX’s Market Surveillance team in implementing machine learning to analyze unusual trading activities and their subsequent categorization by surveillance analysts. The aim of these algorithms is to predict which actions analysts are likely to take based upon their handling of historical activity as well as discovering new relationships within the data. With new machine learning capabilities, the surveillance functions of HKEX will be strengthened by increased efficiency by focusing on unusual trading activity.

Please click on the above link for more information.