Dark Pools by Scott Patterson

Dark Pools by Scott Patterson

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Résumé

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’.

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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 Non disponible
ISBN 13 9781847940971
ISBN 10 1847940978
Titre Dark Pools
Auteur Scott Patterson
État Non disponible
Type de reliure Paperback
Éditeur Cornerstone
Année de publication 2012-07-05
Nombre de pages 368
Note de couverture La photo du livre est présentée à titre d'illustration uniquement. La reliure, la couverture ou l'édition réelle peuvent varier.
Note Non disponible