CFTC Modernizes Market Surveillance with Nasdaq Technology
The Commodity Futures Trading Commission is deploying Nasdaq's Market Surveillance platform to enhance fraud detection and market oversight. The upgrade replaces legacy systems from the 1990s, equipping regulators with automated alerts and cross-market analytics.
Acting Chairman Caroline Pham emphasized the need for technological parity with evolving markets. The system will improve detection of manipulative trading patterns while optimizing staff efficiency—a key priority for the under-resourced agency.
This marks the CFTC's latest step in operational modernization as it seeks to maintain regulatory leadership in derivatives markets. The partnership reflects growing institutional adoption of fintech solutions for compliance functions.