Wall Street watchdogs turning to artificial intelligence
FINRA plans to test AI software for surveillance next year, while Nasdaq and LSE expect to use it by year-end
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New York
ARTIFICIAL intelligence (AI) programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.
Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind. Executives are hoping computers with humanoid wit can help mere mortals catch misbehaviour more quickly.
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