Dark Pools: The rise of A.I. trading machines and the looming threat to Wall Street

In,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,takes the lid off the new-look financial markets, and comes to some chilling conclusions.
Úplný popis
  • Dostupnost: 1 Ks
  • EAN: 9781847940988
  • Číslo zboží: 0076326
Dostupné množství: 1,000
69,-


Specifikace

Knihy
Rok vydání
2012
Počet stran
368
Jazyk vydání
Anglicky
Vazba
Základní skupina
ISBN
9781847940988
Stav
Viz. foto
In,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,takes the lid off the new-look financial markets, and comes to some chilling conclusions.