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

Description

Book Synopsis: 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.

Details

Discover the hidden world of high-frequency trading with the captivating book Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market. This groundbreaking account unveils the secret battles taking place in the global stock market, where artificially intelligent bots execute lightning-fast trades to outsmart their human creators. Immerse yourself in the thrilling journey of Josh Levine, an idealistic programming genius, who envisioned a fairer trading landscape and developed a computerized hub named Island to challenge the advantages enjoyed by large institutions.

As Levine's invention, Island, evolved into a massive electronic stock market, it gave birth to a complex network of fiber-optic cables that transmitted trillions of dollars in capital. However, this system also led to the rise of "dark pools" and a new breed of trading machines that had the potential to act independently. Dark Pools is a gripping chronicle of how trading robots have taken control of global markets, leaving their human masters struggling to understand their unpredictable actions.

Get ready to be enthralled by the mind-boggling story of how high-frequency trading has transformed the stock market. Dark Pools shines a light on the clandestine universe where trading machines make decisions that even humans can't foresee. Witness this paradigm shift for yourself and delve into the fascinating world of high-stakes trading with Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market. Take control of your knowledge, and stay on top of the latest trends in the financial world. Order your copy today!

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

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