Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market Scott Patterson
Publisher: Crown Publishing Group

Haim Bodek was a former trader for Hull Trading and Goldman Sachs who set up his own prop shop called Trading Machines. Just give us your mobile number and we will get in touch with you. 'Dark pools' are Bodek is one of the books' primary sources, and he is now talking to the authorities, explaining that the system is rigged. Jan 11, 2012 - Presented with little comment, if only to add that at the current rate of degradation in NYSE total trading volume - from post US downgrade to now, Birinyi's Ruler implies volume will entirely disappear by December 11th The manipulation just makes the rigged argument worse; The stock market since 2000 has lost money, inflation-adjusted; Disposable income has evaporated and excess money is just getting sucked into price increases in food, service increases. Today, it's hedge funds, dark pools, and high frequency traders that are being targeted as the prime cause of the financial trouble in the United States and around the world. Mar 30, 2014 - Flash Boys is about a small group of Wall Street guys who figure out that the US stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Apr 2, 2014 - In 2012 former Wall Street Journal reporter Scott Patterson wrote the excellent Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. This blame game is very similar to what occurred during the Great Depression of 1929 when short sellers in the stock market were singled out and vilified as the “cause” of the economic woes in the United States. Durbin says it's And with high frequency trading desks accounting for the majority of daily trading activity in stocks, options and commodities, Wall Street has become a place where machines are often trading with machines. During trading Today, high-frequency trading so dominates the US stock market that it more-or-less is the stock market. Aug 10, 2012 - Scott Patterson illuminates the secrets of the stock exchange. (the Sergey Aleynikov chapters for example) However, Michael Lewis is not the first to this story of HFT, and in particular Scott Patterson has a more entertaining story in his book "Dark Pools". In Dark Pools, Scott Patterson, a freelance writer and staff reporter for the Wall Street Journal, has created a lively journalistic account of the evolution of trading technology and the rise of machines. Jul 30, 2009 - high-frequency trading (HFT) since its early days, isn't afraid to buck the industry line that lightning-fast trading of stock, options and commodities poses little or no risk to the stability of the markets. Apr 24, 2014 - To minimize communication time between the computers that host algos and the exchanges or dark pools on which they trade, the computers are typically co-located at those trading venues. The market is rigged in their favor. Nov 11, 2010 - High Frequency Traders. This game is completely rigged in my view.