Dark Pools by Scott Patterson

Dark Pools by Scott Patterson

In Dark Pools, Wall Street Journal reporter Scott Patterson tells the story of the group of whizzkids who applied their computer programming genius to the invention of `robot versions of Warren Buffett’. As they did so, they created a radically new trading system in which machines trade anonymously with other machines, making and losing fortunes in the blink of an eye. This state-of-the-art technology has transformed the financial markets, but it has also raised some disturbing questions. If computers are trading with each other, does that mean that people have lost control? How can this system be monitored, let alone regulated? And if it all comes crashing down, whose fault will it be? Pacy, fascinating and revealing, Dark Pools takes the lid off the new-look financial markets, and comes to some chilling conclusions.

"As an exposition of Wall Street nerdcraft, Dark Pools truly delivers.. Patterson's tales of ingenuity and cunning read like a spy novel." -- Jon Ihle * Sunday Business Post *
"Gruelling and terrifying, Patterson questions the future of the human inquisitve mind." * European CEO *

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.

SKU	Unavailable
ISBN 13	9781847940971
ISBN 10	1847940978
Title	Dark Pools
Author	Scott Patterson
Condition	Unavailable
Binding Type	Paperback
Publisher	Cornerstone
Year published	2012-07-05
Number of pages	368
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable