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.
©2012 Scott Patterson (P)2014 Random House Audiobooks
"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")
As a participant in the field of automated trading over the last 15 years, I found this far more balanced, interesting, accurate and less emotive than "Flash Boys".
An interesting insight into the very technical world of quant trading that so many retail day traders struggle to understand. A great read if you know nothing of algo trading.
it's an interesting story of some key characters in the US market in the evolution to electronic trading and where we are today
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