Increase in market participants and transactions in the stock market has obliged the Securities and Exchange Organization to seek help from artificial intelligence to detect malpractice.
According to Rouhollah Dehghan, the SEO deputy for IT affairs, the regulator is planning a smart platform capable of processing huge volumes of market data.
"The fact is that efficient oversight of the market gets disrupted due to increase in the volume of deals as new investors enter the market," he was also quoted as saying by Securities and Exchange News Agency.
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