Scott Patterson
Dark Pools: The rise of A.I. trading machines and the looming threat to Wall Street
- ISBN 13:
- 9781847940988
- author:
- Scott Patterson
- format:
- Paperback
- publisher:
- Random House Business
- language:
- English
- Publication Year:
- 2013
- Pages:
- 368
- Dimensions:
- 19.6 x 13 x 2.6 cm
- Genre:
- Business, Finance & Law, Professional Finance, Investments & Securities,
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Dark Pools: The Rise of A.I. Trading Machines and the Looming Threat to Wall Street The rapid evolution of trading technology on Wall Street has led to the emergence of a new breed of financial machines. These 'robot versions of Warren Buffett' use computer programming genius to make and lose fortunes in a matter of seconds. The anonymous trading system, in which machines trade with each other, has transformed the financial markets, but also raises concerns about control and regulation. As the financial landscape shifts, questions arise about the accountability of this system. How can it be monitored, and whose fault will it be if it all comes crashing down? Scott Patterson's investigation into the world of high-frequency trading reveals the complexities and potential risks of this technology. Patterson's book offers a fascinating and revealing look at the new financial markets, shedding light on the consequences of this rapidly changing environment.
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