|
Product Description
A news-breaking account of the global stock market's subterranean battles, Dark Pools portrays the rise of the "bots"--artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who've created them.In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables.
By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters.
Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.
Features
- Used Book in Good Condition
Customers Who Bought This Item Also Bought
- Trading and Exchanges: Market Microstructure for Practitioners
- The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
- Flash Boys
- Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
- The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
- The Theory That Would Not Die: How Bayes' Rule Cracked the Enigma Code, Hunted Down Russian Submarines, and Emerged Triumphant from Two Centuries of Controversy
- Inside the Black Box: A Simple Guide to Quantitative and High Frequency Trading
- The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
- Flash Boys: A Wall Street Revolt
- A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market
*If this is not the "Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market" product you were looking for, you can check the other results by clicking this link. Details were last updated on Nov 27, 2024 22:49 +08.