Dark Pools
by Scott Patterson
- Percentage of approved critics who have given this book a positive review.
Critic Rating
100%
Critic Reviews: 6
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- User rating from iDreamBooks & iTunes
Reader Rating
81%
Reader Ratings: 62
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Synopsis
A news-breaking account of the global stock market's subterranean battles, Dark Pools portrays the rise of the "bots"- artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who've created them.In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an... more
About Scott Patterson
- All Critics: 6
- Positive: 6
- Negative: 0
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Seeking Alpha | 14 Jul 2012
Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets...
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CNN Money | 22 Jun 2012
...explains how we got into this mess. The Flash Crash was the first major symptom of a problem that has been spreading across Wall Street for more than a decade.
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Book Geeks | 21 Sep 2012
This isn’t about the IT or how the programs work, it’s about the people who created the world of algo-trading, their motivations and their ethics.
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Spear's | 9 Nov 2012
Patterson is adept at explaining the abstruse strategies of the trading machines and at sketching the characters of the men behind the machines. If his prose is a little lurid and frantic, it befits his subject.
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Forbes India. | 10 Aug 2012
Dark Pools is a fascinating book that will bring home to the reader how close we are to the world of William Gibson’s Neuromancer.
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Los Angeles Times | 22 Jul 2012
Patterson's prose sometimes has the overly breathless air of an airport thriller. But it is underpinned by an invaluable piece of timely journalism that should be read by regulators and anyone with a cent in the stock market.
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