Dark Pools is the pacy, revealing, and profoundly chilling tale of how global markets have been hijacked by trading robots - many so self-directed that humans can't predict what they'll do next.It's the story of the blisteringly intelligent computer programmers behind the rise of these 'bots'. And it's a timely warning that as artificial intelligence gradually takes over, we could be on the verge of global meltdown.
'Scott Patterson has the ability to see things you and I don't notice.' Nassim Nicholas Taleb, New York Times bestselling author of Antifragile, Fooled by Randomness and The Black Swan
Scott Patterson worked for several years as a financial reporter at the Wall Street Journal. He lives in New York. His previous book The Quants (Random House Business, 2009) was a New York Times and Wall Street Journal bestseller.
Title: Dark Pools: The rise of A.I. trading machines and the looming threat to Wall Street
Author: Patterson, Scott
ISBN: 9781847940988
Binding:
Publisher: Cornerstone
Publication Date: 2013-07-04
Number of Pages: 368
Weight: 0.2586 kg
An invaluable piece of timely journalism that should be read by regulators and anyone with a cent in the stock market. * Financial Times *
[A] gripping, excellent expose * PQ Magazine *
A great read ... and raises an important question: could the trading machines destroy the capital markets? * Reuters UK *
As an exposition of Wall Street nerdcraft, Dark Pools truly delivers ... Patterson's tales of ingenuity and cunning read like a spy novel * Sunday Business Post *
Financial journalist Scott Patterson looks at the real world of AI trading machines and crafts a story equally as riveting * British Airways Life Magazine *