Dark Pools :The rise of A.I. trading machines and the looming threat to Wall Street
Dark Pools :The rise of A.I. trading machines and the looming threat to Wall Street
paperback
Published:
4 July, 2013
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Description
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
More Details
| Type | Book |
|---|---|
| ISBN13 | 9781847940988 |
| ISBN10 | 1847940986 |
| Number Of Pages | 368 |
| Item Weight | 255 g |
| Product Dimensions | 130 x 197 x 20 mm |
| Publisher / Reseller | Cornerstone |
| Format | paperback |
Media Reviews
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 *
Journalistic in style, nice scary ending ... Any serious CFO, CIO, Chancellor, market regulator or investor should read this * BookGeeks *
Gruelling and terrifying, Patterson questions the future of the human inquisitive mind * European CEO *
A fascinating and completely terrifying tale … It is a terrific read, both for a history of high frequency trading well told, and for a different kind of perspective on what’s gone so wrong with finance. If you really want to scare yourself, pair it with Robert Harris’ The Fear Index * Enlightenmenteconomics.com *
GoodReads Reviews
Author's Bio
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.