☰

Business & Money

Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market

R 960

or 4 x payments of R240.00 with Payflex

Payflex

Availability: Currently in Stock

Delivery: 10-20 working days

Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market
- Used Book in Good Condition
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. Â

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.
Country USA
Brand Currency
Manufacturer Crown Currency
Binding Paperback
Color White
ReleaseDate 2013-06-25
UnitCount 1
EANs 9780307887184

You might also like...

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It

Flash Boys: A Wall Street Revolt

Flash Boys: A Wall Street Revolt

Inside the Black Box: A Simple Guide to Quantitative and High Frequency Trading

Inside the Black Box: A Simple Guide to Quantitative and High Frequency Trading

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

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

The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution

The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution

Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

Flash Boys

Trading and Exchanges: Market Microstructure for Practitioners

Trading and Exchanges: Market Microstructure for Practitioners

A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market

A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market