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Tag: margin trading

May 15, 2020May 15, 2020 SMU Lexicon Supreme Court Initiative

Do Algorithms Dream of Mistaken Contracts? Quoine Pte Ltd v B2C2 Ltd [2020] SGCA(I) 2

Can an agreement which is formed purely through the operation of algorithms be considered a binding contract? If so, can such a contract be unilaterally cancelled because of a mistake, where such mistake resulted in trades being concluded at 250 times the market rate?

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