Nasdaq Market Surveillance

powers market integrity on a global stage.

This Solution Helps

  • Marketplaces
  • New Markets
  • Regulators
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For exchanges and trading venues, the ability to maintain a fair, transparent and safe market is critical to attracting liquidity.

Our Nasdaq Market Surveillance (SMARTS) solutions provide you with a robust platform to manage cross-market, cross-asset, multi-venue surveillance.

Powerful visualization tools simplify the monitoring process by distilling complex information into a single snapshot that provides you with clear guidance on where to focus an investigation. You can also correlate real-time and historical data with detection patterns to ensure early detection of unusual trading patterns that could be potential breaches of exchange trading rules and practices.

 

Nasdaq Decodes: Bringing Artificial Intelligence to the US Stock Market

How Can Nasdaq Market Surveillance help you?

Detect abuse

Identify of manipulative patterns in real-time with context surrounding irregular activities

Visualize activity

Leverage interactive visualizations for clear graphic support of market analysis and easy comparison of potentially abusive scenarios to normal market behavior

Analyze cases

Manage the case work flow via a detailed event analysis and arrangement, which can be leveraged and evidentiary support in regulatory cases

Replay

Drill down to the order book and replay any transaction for any security during any time period – including a complete audit trail and consolidation across different venues and books

Profile actors

Compare a traders' behavior against their history and their peers to identify uncharacteristic or high risk behavior

Gain market insights

Gain visibility into event behavior and flag risky changes via data and analytics

Tony Sio

We are progressing on a broader machine learning strategy and exploring other applications of this technology to strengthen the surveillance process for markets worldwide

Tony Sio, Head of Exchange & Regulator Surveillance, Market Technology Find out more

SOLUTION HIGHLIGHTS

Nasdaq Market Surveillance provides surveillance teams with the essential monitoring toolkit:

  • Functionality

    Robust and flexible workflow, supported by market-leading analysis and visualization tools

  • Performance

    Ability to load and process billions of messages daily and to identify undesirable behavior via a suite of  sophisticated alerts

  • Operability & Resilience

    Proven in a number of massive volume implementations, including those across Nasdaq markets

Choosing the right deployment method for your surveillance program:

Self-Hosted Solution

In this approach the solution is deployed and operated on your client environment. This can be either in your own hardware or on a third party cloud or hosting provider.

Managed Service

In this approach the hosting and operation is handled by the vendor. There are two options for hosting:
1. Cloud Based
2. Vendor Data Center
The Managed Service offering allows a similar level of bespoke solution flexibility as the self-hosted approach, the difference being the vendor is hosting and operating.

Surveillance as a Service

This is similar to the Managed Service offering. However, in this deployment method, the vendor offers standard architecture, alerting, reporting, and modules. This is a more streamlined approach which allows lower implementation cost and faster time to market, but with less customizability.

Our clients speak for themselves:

    BRVM

    May 2, 2019

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    Resource Center

    • Nasdaq Market Surveillance Brochure

      Brochure

      Nasdaq Market Surveillance Brochure

      Nasdaq's market surveillance solution for exchanges & regulators

      Data is currently not available
    • The Case for Digital Asset Surveillance

      Viewpoint

      The Case for Digital Asset Surveillance

      Data is currently not available
    • Betting on Honesty: A Proactive Approach to Market Integrity

      Whitepaper

      Betting on Honesty: A Proactive Approach to Market Integrity

      Examines the parallels between sports betting & the financial markets, as well as the benefits of implementing an automated surveillance system.

      Data is currently not available
    • Behavioral Analysis in Market Surveillance: Going beyond data aggregation and standard statistical techniques

      Whitepaper

      Behavioral Analysis in Market Surveillance: Going beyond data aggregation and standard statistical techniques

      A surveillance viewpoint

      Data is currently not available
    • Nasdaq Enforcement Report

      Report

      Nasdaq Enforcement Report

      Data is currently not available
    • Surveillance Deployment Guide

      Guide

      Surveillance Deployment Guide

      A comprehensive guide to choosing an automated surveillance solution.

      Data is currently not available
    • Top Regulatory Trends for Exchanges & Regulators

      Whitepaper

      Top Regulatory Trends for Exchanges & Regulators

      A whitepaper detailing the top regulatory trends for marketplaces, regulators & market participants.

      Data is currently not available
    • AI Surveillance on the US Stock Market

      Case Study

      AI Surveillance on the US Stock Market

      Artificial Intelligence detection on Nasdaq US Equities

      Data is currently not available
    • Scoring Alerts: Nasdaq Nordic Surveillance's Implementation of MI

      Case Study

      Scoring Alerts: Nasdaq Nordic Surveillance's Implementation of MI

      Nasdaq Nordic Surveillance’s implementation of machine intelligence enhances operational efficiency in combating market abuse.

      Data is currently not available
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