Summary
- The US Commodity Futures Trading Commission (CFTC) announced plans to introduce the Nasdaq surveillance system to the virtual asset market.
- The CFTC stated that this system can analyze price manipulation and unfair trading patterns.
- It was also mentioned that the system can capture situations such as sudden changes in trading volume and volatility, as well as analyze order book data in real time.
According to The Block, a crypto-focused media outlet, on the 27th (local time), the US Commodity Futures Trading Commission (CFTC) plans to introduce Nasdaq's market surveillance system into the virtual asset market.
Regarding the reason for this adoption, the CFTC explained, "This system can analyze unfair trading patterns such as price manipulation and precisely detect situations where trading volume and volatility change sharply," adding, "It is also capable of real-time analysis of order book data."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
