Publication Type
Case note/Digest
Version
acceptedVersion
Publication Date
9-2020
Abstract
Good traders remove emotion from the decision-making process. Automated trading algorithms have enabled this, allowing one to trade round the clock, and without the constant need to monitor one’s investments. But software has gremlins. Given the vast amounts of money involved in such trades, it was only a matter of time before disputes involving automated trading software came before the courts. The decision in Quoine v B2C2 (“Quoine”) represents the first time an apex court in the Commonwealth has ruled on the applicability of contractual principles to situations involving automated trading software.
Keywords
Contract Law, Artificial Intelligence, Cryptocurrencies, Fintech
Discipline
Artificial Intelligence and Robotics | Contracts | Science and Technology Law
Research Areas
Innovation, Technology and the Law; Private Law
Publication
King's Law Journal
Volume
31
Issue
3
First Page
367
Last Page
372
ISSN
0961-5768
Identifier
10.1080/09615768.2020.1815939
Publisher
Taylor & Francis (Routledge): SSH Titles - no Open Select
Citation
OOI, Vincent and SOH, Kian Peng.
Rethinking mistake in the age of Algorithms: Quoine Pte Ltd v B2C2 Ltd. (2020). King's Law Journal. 31, (3), 367-372.
Available at: https://ink.library.smu.edu.sg/sol_research/3198
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1080/09615768.2020.1815939
Included in
Artificial Intelligence and Robotics Commons, Contracts Commons, Science and Technology Law Commons