The Moscow Exchange is taking a serious step towards cleansing the market of unfair practices. A system based on artificial intelligence is being introduced, designed to automatically identify transactions with signs of market manipulation and insider trading. This is not just another update — it is a fundamental change in the approach to compliance.
The new toolkit will be deeply integrated into investigation processes at all stages. The AI will take over the preprocessing of automated analysis signals, evaluating hundreds of thousands of transactions and their associated metrics. The system is capable of identifying coordinated actions by market agents, combining results, and forming a database of analytical conclusions with behavioral metrics. The prepared findings are then passed on to compliance specialists for in-depth study.
How Compliance Work Will Change
The developers emphasize that the project is part of a systematic effort to implement modern technologies. The key goal is to develop a reliable market infrastructure, improve the quality of internal control, and strengthen participants' trust in organized trading. Irina Grekova, Senior Managing Director for Compliance and Business Ethics at the Moscow Exchange, noted that the development of technological control tools has become one of the key areas for enhancing market stability and transparency. According to her, AI accelerates the processing of large data arrays, which is critically important in modern conditions.
According to the exchange's preliminary assessment, the use of AI assistants and deep automation of processes over the next one to two years will free up expert resources. They will be able to focus on in-depth analysis of complex cases and the identification of new, unknown schemes of unfair behavior. It is expected that this will not only increase the number of investigations but also significantly reduce the time required to implement measures against violators.
Expert opinion: The introduction of AI into supervisory processes is a logical and long-overdue step for any major market. Manually analyzing millions of transactions in search of manipulation patterns is a task that the human factor handles increasingly poorly as trading volumes grow. This initiative by the Moscow Exchange is a powerful signal to the market: the era of "fixes" and insider trading, where one could act almost with impunity, is coming to an end. The only question is how quickly the system will be able to adapt to new, more sophisticated schemes that will inevitably emerge in response to its implementation.