Dark Pools is popular PDF and ePub book, written by Scott Patterson in 2012-06-12, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Dark Pools can be Read Online from any device for your convenience.
Dark Pools Book PDF Summary
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.
Detail Book of Dark Pools PDF
- Author : Scott Patterson
- Release : 12 June 2012
- Publisher : Crown Currency
- ISBN : 9780307887191
- Genre : Business & Economics
- Total Page : 386 pages
- Language : English
- PDF File Size : 12,8 Mb
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