Hanns-Peter Kollmann
Autonome und intelligente Wertpapierhandelssysteme
Analyse, Regulierung und Haftung
[Autonomous Systems and Artificial Intelligence in Securities Trading. Analysis, Regulation, and Liability.]
2019. 550 pages. Price for libraries
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Summary
Modern securities trading systems can send security prices crashing or rocketing. And although market participants can face financial losses when a malfunction occurs, they cannot claim for damages under current law. Hanns-Peter Kollmann examines the case for introducing new liability regulations for trading system producers and operators, asking whether the associated practical and dogmatic hurdles could be overcome.