{"topic":"kill-switch","title":"kill switch","url":"https://theexchange.tech/archive/kill-switch","description":"Dispatches on kill switch for AI agents in financial services.","questions":[],"count":1,"startHere":[],"articles":[{"title":"ASIC wrote down what counts as a trading algorithm. An agent that picks the quantity is one.","url":"https://theexchange.tech/articles/asic-wrote-down-what-counts-as-a-trading-algorithm-an-agent-that-picks-the-quantity-is-one","json":"https://theexchange.tech/articles/asic-wrote-down-what-counts-as-a-trading-algorithm-an-agent-that-picks-the-quantity-is-one.json","excerpt":"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.","publishDate":"2026-10-26","author":"Dean Whitfield","topics":["rules-vs-discretion","asic","agentic-trading","market-integrity","kill-switch","recordkeeping","regulation"]}]}