Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market

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Product Details

$18.00  $16.74
Crown Currency
Publish Date
5.2 X 8.0 X 0.84 inches | 0.66 pounds

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About the Author

SCOTT PATTERSON is a staff reporter at the Wall Street Journal, covering financial regulation from the nation's capital.


"Far more comprehensive and persuasive [than even Michael Lewis' Flashboys]."
--James Stewart, New York Times Book Review

"An excellent history of the early electronic traders" - Michael Lewis

"Scott Patterson's Dark Pools is about the most important financial issue no one talks about--how high-frequency traders have rigged the market."
--Mark Cuban

"Remarkable...even long-time participants in electronic markets will learn a lot from this book."

"Richly reported...an invaluable piece of timely journalism that should be read by regulators and anyone with a cent in the stock market...You will never look at the opening bell in the same way."
--Financial Times

"An engaging narrative...DARK POOLS is easily the most entertaining and accessible book to cover the new world of stock trading."

"An education in how markets work, packaged in a thriller worthy of Michael Crichton.... Dark Pools is one of those rare books that is a great summer beach read and a useful trading manual."

"Very enjoyable....a good story of how innovators destroy the old guard."

"Dark Pools relays an epic tangle of hacktivists, old-school floor exchanges and traders - all wrestling to game the machines...The stories engage from chapter to chapter, bringing the reader from the outside in."
--Seeking Alpha

"An entertaining account of the key battles in the "algo wars" and the colorful math geeks who fight them--some of whom are now fighting to rein in the monsters they created. Dark Pools is an alarming account."
--Canadian Business

"Dark Pools is a must read for all serious investors. Patterson's methodically researched book exposes the core problems in today's securities market...His findings should serve as a blueprint for the SEC."
--Blair Hull, founder of Hull Trading and Ketchum Trading