Dark Pools

The Rise of A.I. Trading Machines and the Looming Threat to Wall Street

by: Scott Patterson

Dark Pools
Author: Scott Patterson

Publisher: Random House Business Books

List price: £ 12.99

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Format: Paperback / softback

Publication date: 05 July 2012

Usually shipped within: (info) 8 working days

ISBN: 1847940978 ISBN 13: 9781847940971

Dark Pools by Scott Patterson

Tells the story of the group of whizzkids who applied their computer programming genius to the invention of robot versions of Warren Buffett. As they did so, they created a radically new trading system in which machines trade anonymously with other machines, making and losing fortunes in the blink of an eye. Top page

Complete description

In "Dark Pools", "Wall Street Journal" reporter Scott Patterson tells the story of the group of whizzkids who applied their computer programming genius to the invention of 'robot versions of Warren Buffett'. As they did so, they created a radically new trading system in which machines trade anonymously with other machines, making and losing fortunes in the blink of an eye. This state-of-the-art technology has transformed the financial markets, but it has also raised some disturbing questions. If computers are trading with each other, does that mean that people have lost control? How can this system be monitored, let alone regulated? And if it all comes crashing down, whose fault will it be? Pacy, fascinating and revealing, "Dark Pools" takes the lid off the new-look financial markets, and comes to some chilling conclusions. Top page

General info

Publisher & Imprint: Random House Business Books

City: London

Pages: 368

More info: height 234 mm width 153 mm weight 485 gr thickness 27 mm

Top page

Age recommended: General/trade

Subject Indexing & Classification Dewey:(DC23) 332.640973

Departments: Investment & securities;

Record updated at: 14 May, 2013 time: 13:40


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