Dark Pools
The Rise of the Machine Traders and the Rigging of the U.S. Stock Market
by:
Scott Patterson
in:
Investing
Summary:
The book delves into the shadowy world of high-frequency trading, where sophisticated algorithms and computerized trading platforms have transformed the financial markets, often at the expense of traditional investors. It explores the technological arms race among traders, the impact on market stability, and the regulatory challenges posed by these rapid changes.
Key points:
1. Algorithmic Trading Dominance: The book emphasizes the growing influence of high-speed, computerized trading in the stock market.
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