US SEC: New trading instruments such as tokenized securities are flooding the market, and we will leverage superintelligence to address data challenges

Odaily: Jamie Selway, Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission (SEC), said that the current financial market is changing rapidly, with trading gradually moving toward 24-hour uninterrupted operation. New investment instruments such as tokenized securities and perpetual contracts are successively entering the market, the U.S. Treasury market is about to implement centralized clearing, and reforms to the core mechanisms of the National Market System (NMS) are also under discussion. Meanwhile, the influence of retail investors and passive management institutions in the market has exceeded historical norms.

Market changes have created abundant opportunities for new research, but as data becomes increasingly widespread, the main challenge facing research has shifted from obtaining differentiated data to processing ever-growing massive datasets. Researchers are increasingly turning to superintelligence-driven tools to find answers. The SEC will promote better use of superintelligence and strengthen cooperation with academia. Recently, DERA has relaunched its Distinguished Visiting Scholars program.