U.S. SEC: New trading tools such as tokenized securities are flooding the market and will use super intelligence to tackle data challenges

Jamie Selway, the head of the Trading and Markets Division of the U.S. Securities and Exchange Commission (SEC), stated that the current financial markets are rapidly changing, with trading gradually moving towards 24-hour continuous operation, and new investment tools such as tokenized securities and perpetual contracts entering the market one after another.

The U.S. Treasury bond market is about to implement centralized clearing, and reforms to the core mechanisms of the National Market System (NMS) are also under discussion, while the influence of retail investors and passive management institutions in the market has exceeded historical norms.

Market changes create rich opportunities for new research, but as data becomes increasingly prevalent, the main challenge facing research has shifted from obtaining differentiated data to processing the ever-growing massive datasets. Researchers are increasingly using super-intelligence-driven tools to find answers, and the SEC will promote better utilization of super-intelligence and strengthen collaboration with academia. Recently, DERA has relaunched its distinguished visiting scholar program.