Title
Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market,New
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A newsbreaking 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 outmaneuver 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 fiberoptic 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 robotsmany so selfdirected that humans can't predict what they'll do next.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.