Download Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market PDF EPUB
Author: Scott Patterson
Pages: 384
Size: 1.585,54 Kb
Publication Date: June 25,2013
Category: Adobe Flash
A news-breaking accounts of the global share market’s subterranean battles, Dark Pools portrays the rise of the “bots”–artificially smart systems that perform trades in milliseconds and utilize the cover of darkness to out-maneuver the human beings who’ve made them. Levine produced a computerized trading hub called Island where little traders swapped shares, and as time passes his invention morphed right into a global digital stock market that delivered trillions in capital through a huge jungle of fiber-optic wires.
Initially was Josh Levine, an idealistic programming genius who imagined wresting control of the marketplace from the big exchanges that, over and over, gave the giant establishments an advantage over the tiny man. Â
At that time, the marketplace that Levine acquired sought to repair had turned ugly, birthing secretive exchanges known as dark pools and a fresh species of trading devices that could believe, and that appeared, ominously, to end up being slipping the control of their individual masters.
Dark Pools may be the fascinating tale of how global marketplaces have already been hijacked by trading robots–many therefore self-directed that human beings can’t predict what they’ll do next.