CFTC Modernizes Market Surveillance with Nasdaq Technology Amid Crypto Market Demands

The U.S. Commodity Futures Trading Commission (CFTC) is retiring its outdated 1990s-era surveillance system in favor of Nasdaq’s advanced Market Surveillance solution. This shift marks a critical modernization effort as regulators grapple with the complexities of today’s high-speed, global markets—including the volatile crypto asset sector.

Nasdaq’s platform promises real-time monitoring, automated alerts, and cross-market analytics, enabling the CFTC to detect fraud faster and act more decisively. The upgrade comes as pressure mounts on regulators to strengthen oversight of digital assets, where rapid price swings and 24/7 trading demand cutting-edge tools.

Officials frame the MOVE as essential for maintaining market integrity in an era where legacy systems are ill-equipped to police crypto’s unique risks. The CFTC’s overhaul reflects a broader institutional acknowledgment: without technological parity, watchdogs risk irrelevance in increasingly algorithmic markets.