Algo Bots and the Law: Technology, Automation, and the Regulation of Futures and Other Derivatives

Author:

Gregory Scopino

Publisher:

Cambridge University Press

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Publisher

Cambridge University Press

Publication Year 2020
ISBN-13

9781316616536

ISBN-10 1316616533
Binding

Paperback

Number of Pages 250 Pages
Language (English)
Weight (grms) 700
The trillion-dollar markets for futures, swaps, commodity options, and related derivatives are extremely important to the global economy because, among other things, they influence the prices that people pay for everything from heating oil and bread to the interest rates connected to mortgages and student loans. Due to technological advances in automation and artificial intelligence, these markets have recently undergone a dramatic transformation away from human-centered trading and operations to control by high-speed automated systems. In this work, Gregory Scopino explains how such changes present challenges to the oversight of these markets and discusses potential ways for authorities to address issues presented by computerized trading and related systems. This book should be read by anyone interested in learning how artificial intelligence is used in the financial markets and how those markets are - and should be - regulated.

Gregory Scopino

Gregory Scopino is an adjunct professor of law at Georgetown University Law Center and the author of several academic articles about algorithmic trading. A former attorney with two private New York City law firms, he has more than a decade of experience as a US financial regulator in Washington, DC. His research and teaching interests focus on legal and regulatory policy related to the financial markets and artificial intelligence
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