AI speeds Nasdaq fraud investigations by 33%

5 months ago 21

NEW YORK — The Nasdaq Stock Market index is using AI to streamline its efforts to investigate suspicious trading and anti-money laundering.  The New York-based exchange is using gen AI to identify behaviors like pump-and-dump or spoofing schemes in trading, Tony Sio, head of regulatory strategy and innovation at Nasdaq, said at this week’s AWS […]


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