Page 33 - 期货和衍生品行业监管动态（2025年8月）

期货和衍生品行业监管动态

suite of surveillance technology. As the CFTC embraces an expanding regulatory

remit, Nasdaq’s Market Surveillance platform will support the agency’s mission to

promote market integrity. The upgraded technological capabilities follow CFTC

Acting Chairman Caroline D. Pham’s pledge in March to secure an enhanced market

surveillance system as part of a broader effort to modernize the agency and replaces

the CFTC’s ‘90s-era legacy system.

“As our markets continue to evolve and integrate new technology, it’s critical

that the CFTC stays ahead of the curve,” Acting Chairman Pham said. “Nasdaq

Market Surveillance will, for the first time, provide the CFTC with automated alerts

and cross-market analytics that will benefit each of the CFTC’s operating divisions

and better protect our markets from fraud, manipulation and abuse. This new suite of

solutions will also improve efficiency in analyzing market trends and identifying

unusual or disruptive trading activity so that our lean and talented staff can take

appropriate action more quickly. It’s the latest example of our work in recent months

to bring about the transformation and optimization necessary to make the CFTC a

21st century regulator. The CFTC is a leader in derivatives regulation, and Nasdaq’s

Market Surveillance platform will be a key component to our success.”

“Today’s financial markets demand advanced surveillance technology that can
adapt to rapid regulatory evolution and emerging asset classes,” said Tal Cohen,

President at Nasdaq. “As both an owner and operator of heavily regulated markets, as

well as a technology provider to financial services companies worldwide, Nasdaq

occupies a unique position at the intersection of innovation and regulation. We’re

proud to partner with the CFTC and support their mission to promote the integrity,

resilience, and vibrancy of U.S. derivatives markets.”

Nasdaq Market Surveillance is the most widely used market surveillance

technology globally, serving over 50 exchanges and 20 international regulators,

helping to maintain the integrity of capital market ecosystems around the world.

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