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Dark Pools

The Rise of A.I. Trading Machines and the Looming Threat to Wall Street
Narrated by: Byron Wagner
Length: 11 hrs and 36 mins
4.5 out of 5 stars (91 ratings)

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Summary

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

Critic reviews

"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")

What members say

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Reviews - Please select the tabs below to change the source of reviews.

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  • Overall
    4 out of 5 stars
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    4 out of 5 stars

Much better than Flash Boys

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".

3 of 3 people found this review helpful

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Educational insight

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.

1 of 1 people found this review helpful

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  • Mr
  • 02-03-19

Lot of history, not much analysis.

I think I was expecting a book analyzing the problems and challenges posed by modern electronic trading. And although this is *partly* about that, it's mostly a history book about the people and organizations that pioneered the revolution in stock markets in the 1990s and early 2000s. It's an absorbing story, but sometimes a little convoluted, and I could have done with a little less detail sometimes about particular individuals.

If you're buying this specifically to find out how dark pools work - go elsewhere, they're only mentioned in passing.

Narrator is fine.

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brilliant book

brilliant book, I strongly recommend for anyone who is interested in Algorithmic trading and capital markets

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Well written

Surely it’s a bit dated given topic it tries to cover nevertheless a great book

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Fantastic book and narration

interesting story, really well written and researched. this is as good as the flash boys. thought the narration was excellent

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Good background. It's a nice story

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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Great book.

Should be in the library of ever person actively invested or working in the investment markets.

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  • Katerina
  • 18-11-17

interesting read

Absolutely worth its cost and time. Well written and well narrated.
The book definitely gives better understanding of how global markets work these days