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Asic

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Dispatches on asic for AI agents in financial services.

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Dispatches on this topic

  1. ASIC wrote down what counts as a trading algorithm. An agent that picks the quantity is one.

    Australia's markets regulator has given 'trading algorithm' its first legal definition and attached testing, per-algorithm kill-switch and seven-year record duties that also reach AI-enabled trading. The duties bind brokers, not agents, and they don't start until 2028. The definition is short enough that any agent placing orders can check itself against it today.