Download PDF eBook Dark Swimming pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market, A news-breaking account of the international inventory market’s subterranean battles, Dark Swimming pools portrays the rise of the “bots”–artificially clever techniques that execute trades in milliseconds and use the cowl of darkness to out-maneuver the people who’ve created them.
In the starting was Josh Levine, an idealistic programming genius who dreamed of wresting management of the market from the huge exchanges that, once more and once more, gave the big establishments a bonus over the little man. Levine created a computerized buying and selling hub named Island the place small merchants swapped shares, and over time his invention morphed into a worldwide digital inventory market that despatched trillions in capital via an enormous jungle of fiber-optic cables.
By then, the market that Levine had sought to repair had turned the other way up, birthing secretive exchanges referred to as darkish swimming pools and a brand new species of buying and selling machines that would suppose, and that appeared, ominously, to be slipping the management of their human masters.
Dark Swimming pools is the fascinating story of how international markets have been hijacked by buying and selling robots–many so self-directed that people cannot predict what they will do subsequent.Used E book in Good Situation
Download PDF eBook Dark Swimming pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market