Download or read book Dark Pools written by Scott Patterson and published by Crown Currency. This book was released on 2012-06-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables. By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters. Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.

Download or read book Dark Pools and High Frequency Trading For Dummies written by Jay Vaananen and published by John Wiley & Sons. This book was released on 2015-02-23 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: A plain English guide to high frequency trading and off-exchange trading practices In Dark Pools & High Frequency Trading For Dummies, senior private banker Jukka Vaananen has created an indispensable and friendly guide to what really goes on inside dark pools, what rewards you can reap as an investor and how wider stock markets and pricing may be affected by dark pools. Written with the classic For Dummies style that has become a hallmark of the brand, Vaananen makes this complex material easy to understand with an insider's look into the topic. The book takes a detailed look at the pros and the cons of trading in dark pools, and how this type of trading differs from more traditional routes. It also examines how dark pools are currently regulated, and how the regulatory landscape may be changing. Learn what types of dark pools exist, and how a typical transaction works Discover the rules and regulations for dark pools, and some of the downsides to trading Explore how dark pools can benefit investors and banks, and who can trade in them Recognize the ins and outs of automated and high frequency trading Because dark pools allow companies to trade stocks anonymously and away from the public exchange, they are not subject to the peaks and troughs of the stock market, and have only recently begun to take off in a big way. Written with investors and finance students in mind, Dark Pools & High Frequency Trading For Dummies is the ultimate reference guide for anyone looking to understand dark pools and dark liquidity, including the different order types and key HFT strategies.

Download or read book Dark Pool Secrets written by Stefanie Kammerman and published by . This book was released on 2018-05 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Stefanie Kammerman shares her secrets, sheds a bright light on Dark Pool activity and teaches you how to spot these big trades before they move stock prices. Most people don't know that 40% of all trading volume happens in private stock exchanges called Dark Pools. Millions of shares are traded, but not reported for up to 24 hours, avoiding any immediate market impact. Following Dark Pool trades has allowed Stefanie to pick successful trades more than 90% of the time over the past four years - enough to earn you triple digit returns if you followed every trade she called. She even called out the last 11 corrections on social media - BEFORE they happened!

Download or read book Flash Boys A Wall Street Revolt written by Michael Lewis and published by W. W. Norton & Company. This book was released on 2014-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that post-crisis Wall Street continues to be controlled by large banks and explains how a small, diverse group of Wall Street men have banded together to reform the financial markets.

Download or read book Janet Cardiff George Bures Miller written by Janet Cardiff and published by Hatje Cantz Pub. This book was released on 2007 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise retrospective, this publication contains previously unpublished written and visual material, as well as pertinent literature on the oeuvre of Janet Cardiff and George Bures Miller. SPECIALIST

Download or read book The New Stock Market written by Merritt B. Fox and published by Columbia University Press. This book was released on 2019-01-08 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. stock market has been transformed over the last twenty-five years. Once a market in which human beings traded at human speeds, it is now an electronic market pervaded by algorithmic trading, conducted at speeds nearing that of light. High-frequency traders participate in a large portion of all transactions, and a significant minority of all trade occurs on alternative trading systems known as “dark pools.” These developments have been widely criticized, but there is no consensus on the best regulatory response to these dramatic changes. The New Stock Market offers a comprehensive new look at how these markets work, how they fail, and how they should be regulated. Merritt B. Fox, Lawrence R. Glosten, and Gabriel V. Rauterberg describe stock markets’ institutions and regulatory architecture. They draw on the informational paradigm of microstructure economics to highlight the crucial role of information asymmetries and adverse selection in explaining market behavior, while examining a wide variety of developments in market practices and participants. The result is a compelling account of the stock market’s regulatory framework, fundamental institutions, and economic dynamics, combined with an assessment of its various controversies. The New Stock Market covers a wide range of issues including the practices of high-frequency traders, insider trading, manipulation, short selling, broker-dealer practices, and trading venue fees and rebates. The book illuminates both the existing regulatory structure of our equity trading markets and how we can improve it.

Download or read book There Will Come a Darkness written by Katy Rose Pool and published by Henry Holt and Company (BYR). This book was released on 2019-09-03 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leigh Bardugo's Six of Crows meets Kristin Cashore's Graceling, with a dash of Winter is Coming, in this showstopping debut YA fantasy--and recipient of FOUR starred reviews! A Morris Award Finalist for best debut young adult novel! A Kirkus Best Book of the Year! A Tor.com Best YA SFF/Horror Book of the Year! "One of the most stunning debuts of the year." —Seventeen The Age of Darkness approaches. Five lives stand in its way. Who will stop it . . . or unleash it? For generations, the Seven Prophets guided humanity. Using their visions of the future, they ended wars and united nations—until the day, one hundred years ago, when the Prophets disappeared. All they left behind was one final, secret prophecy, foretelling an Age of Darkness and the birth of a new Prophet who could be the world’s salvation . . . or the cause of its destruction. With chaos on the horizon, five souls are set on a collision course: A prince exiled from his kingdom. A ruthless killer known as the Pale Hand. A once-faithful leader torn between his duty and his heart. A reckless gambler with the power to find anything or anyone. And a dying girl on the verge of giving up. One of them—or all of them—could break the world. Will they be savior or destroyer? Perfect for fans of Throne of Glass, Children of Blood and Bone, and An Ember in the Ashes. Praise for There Will Come a Darkness “A can’t miss debut from an exciting new talent.” –Kiersten White, New York Times bestselling author of Slayer “Even in a world filled with graces and prophets, the real magic of There Will Come a Darkness is in how Pool has crafted her heroes—messy, flawed, and so beguilingly human. I dare you not to fall madly in love with all of them.” —Laura Sebastian, New York Times bestselling author of Ash Princess * "A well-crafted, surprising, and gripping start to a new trilogy." —Kirkus Reviews, STARRED review

Download or read book Walking Through Clear Water in a Pool Painted Black new edition written by Cookie Mueller and published by MIT Press. This book was released on 2022-04-26 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first collected edition of legendary writer, actress, and adventurer Cookie Mueller's stories, featuring the entire contents of her 1990 book Walking through Clear Water in a Pool Painted Black, alongside more than two dozen others, some previously unpublished. Legendary as an underground actress, female adventurer, and East Village raconteur, Cookie Mueller's first calling was to the written word: "I started writing when I was six and have never stopped completely," she once confessed. Muellerís 1990 Walking through Clear Water in a Pool Painted Black, the first volume of the Semiotext(e) Native Agents series, was the largest collection of stories she compiled during her life. But it presented only a slice of Mueller's prolific work as a writer. This new, landmark volume collects all of Mueller's stories: from the original contents of Clear Water, to additional stories discovered by Amy Scholder for the posthumous anthology Ask Dr. Mueller, to selections from Mueller's art and advice columns for Details and the East Village Eye, to still "new" stories collected and published here for the first time. Olivia Laing's new introduction situates Mueller's writing within the context of her life—and our times. Thanks to recent documentaries like Mallory Curley's A Cookie Mueller Encyclopedia and Chloé Griffin's oral biography Edgewise, Mueller's life and work have been discovered by a new generation of readers. Walking through Clear Water in a Pool Painted Black: Collected Stories returns essential source material to these readers, the archive of Mueller's writing itself. Mueller's many mise en scènes—the Baltimore of John Waters, post-Stonewall Provincetown, avant-garde Italy, 1980s New York, an America enduring Reagan and AIDS—patches together a singular personal history and a primer for others. As Laing writes in her introduction, Collected Stories amounts to "a how-to manual for a life ricocheting joyously off the rails . . . a live corrective to conformity, conservatism, and cruelty."

Download or read book The Quants written by Scott Patterson and published by Currency. This book was released on 2011-01-25 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, The Quants is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris, and an ominous warning about Wall Street’s future. In March of 2006, four of the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with million-dollar stakes, but those numbers meant nothing to them. They were accustomed to risking billions. On that night, these four men and their cohorts were the new kings of Wall Street. Muller, Griffin, Asness, and Weinstein were among the best and brightest of a new breed, the quants. Over the prior twenty years, this species of math whiz--technocrats who make billions not with gut calls or fundamental analysis but with formulas and high-speed computers--had usurped the testosterone-fueled, kill-or-be-killed risk-takers who’d long been the alpha males the world’s largest casino. The quants helped create a digitized money-trading machine that could shift billions around the globe with the click of a mouse. Few realized, though, that in creating this unprecedented machine, men like Muller, Griffin, Asness and Weinstein had sowed the seeds for history’s greatest financial disaster. Drawing on unprecedented access to these four number-crunching titans, The Quants tells the inside story of what they thought and felt in the days and weeks when they helplessly watched much of their net worth vaporize--and wondered just how their mind-bending formulas and genius-level IQ’s had led them so wrong, so fast.

Download or read book Braised Pork written by An Yu and published by Grove Press. This book was released on 2020-04-14 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Chinese woman embarks on a dream-like journey through Beijing, Tibet, and mysterious worlds beyond in this novel of “startlingly original imagination” (Guardian, UK). One autumn morning, Jia Jia walks into the bathroom of her lavish Beijing apartment to find her husband dead in their half-full bathtub. Like something out of a dream, Jia Jia discovers a pencil sketch of a strange watery figure next to the tub. The mysterious drawing launches Jia Jia on an odyssey across contemporary Beijing, from its high-rise apartments to its hidden bars, as her path crosses some of the people who call the city home, including a jaded bartender who may be able to offer her the kind of love she had long thought impossible. Unencumbered by a marriage that had constrained her, Jia Jia travels into her past in search of unspoken secrets. Her journey takes her to the high plains of Tibet, and even to a shadowy, watery otherworld. An atmospheric evocation of middle-class urban China, An Yu’s Braised Pork explores the intimate strangeness of grief, the indelible mysteries of unseen worlds, and a young woman’s empowering journey of self-discovery.

Download or read book Swimming in the Dark written by Tomasz Jedrowski and published by HarperCollins. This book was released on 2020-04-28 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Named A Best Book of 2020 by NPR! “Imagine Call Me By Your Name set in Communist Poland and you'll get a sense of Jedrowski's moving debut about a consuming love affair amidst a country being torn apart.” — O, The Oprah Magazine “Captivating both for its shimmering surfaces and its terrifying depths. Tomasz Jedrowski is a remarkable writer.” — Justin Torres, bestselling author of We the Animals Set in early 1980s Poland against the violent decline of Communism, a tender and passionate story of first love between two young men who eventually find themselves on opposite sides of the political divide—a stunningly poetic and heartrending literary debut for fans of André Aciman, Garth Greenwell, and Alan Hollinghurst. When university student Ludwik meets Janusz at a summer agricultural camp, he is fascinated yet wary of this handsome, carefree stranger. But a chance meeting by the river soon becomes an intense, exhilarating, and all-consuming affair. After their camp duties are fulfilled, the pair spend a dreamlike few weeks in the countryside, bonding over an illicit copy of James Baldwin’s Giovanni’s Room. Inhabiting a beautiful, natural world removed from society and its constraints, Ludwik and Janusz fall deeply in love. But in their repressive Communist and Catholic society, the passion they share is utterly unthinkable. Once they return to Warsaw, the charismatic Janusz quickly rises in the political ranks of the party and is rewarded with a highly coveted government position. Ludwik is drawn toward impulsive acts of protest, unable to ignore rising food prices and the stark economic disparity around them. Their secret love and personal and political differences slowly begin to tear them apart as both men struggle to survive in a regime on the brink of collapse. Shifting from the intoxication of first love to the quiet melancholy of growing up and growing apart, Swimming in the Dark is a potent blend of romance, postwar politics, intrigue, and history. Lyrical and sensual, immersive and intense, Tomasz Jedrowski’s indelible and thought-provoking literary debut explores freedom and love in all its incarnations.

Download or read book Dark Pools written by Scott Patterson and published by Currency. This book was released on 2013-06-25 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables. By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters. Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.

Download or read book Algorithmic and High Frequency Trading written by Álvaro Cartea and published by Cambridge University Press. This book was released on 2015-08-06 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: The design of trading algorithms requires sophisticated mathematical models backed up by reliable data. In this textbook, the authors develop models for algorithmic trading in contexts such as executing large orders, market making, targeting VWAP and other schedules, trading pairs or collection of assets, and executing in dark pools. These models are grounded on how the exchanges work, whether the algorithm is trading with better informed traders (adverse selection), and the type of information available to market participants at both ultra-high and low frequency. Algorithmic and High-Frequency Trading is the first book that combines sophisticated mathematical modelling, empirical facts and financial economics, taking the reader from basic ideas to cutting-edge research and practice. If you need to understand how modern electronic markets operate, what information provides a trading edge, and how other market participants may affect the profitability of the algorithms, then this is the book for you.

Download or read book The Science of Algorithmic Trading and Portfolio Management written by Robert Kissell and published by Academic Press. This book was released on 2013-10-01 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Science of Algorithmic Trading and Portfolio Management, with its emphasis on algorithmic trading processes and current trading models, sits apart from others of its kind. Robert Kissell, the first author to discuss algorithmic trading across the various asset classes, provides key insights into ways to develop, test, and build trading algorithms. Readers learn how to evaluate market impact models and assess performance across algorithms, traders, and brokers, and acquire the knowledge to implement electronic trading systems. This valuable book summarizes market structure, the formation of prices, and how different participants interact with one another, including bluffing, speculating, and gambling. Readers learn the underlying details and mathematics of customized trading algorithms, as well as advanced modeling techniques to improve profitability through algorithmic trading and appropriate risk management techniques. Portfolio management topics, including quant factors and black box models, are discussed, and an accompanying website includes examples, data sets supplementing exercises in the book, and large projects. - Prepares readers to evaluate market impact models and assess performance across algorithms, traders, and brokers. - Helps readers design systems to manage algorithmic risk and dark pool uncertainty. - Summarizes an algorithmic decision making framework to ensure consistency between investment objectives and trading objectives.

Download or read book Dark Pools written by E. Banks and published by Springer. This book was released on 2010-04-09 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. It discusses the development of the equity trading marketplace over the past two decades and how dark pools may evolve in a post-financial crisis world.

Download or read book The Sum of Us written by Heather McGhee and published by One World. This book was released on 2022-02-08 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • LONGLISTED FOR THE NATIONAL BOOK AWARD • One of today’s most insightful and influential thinkers offers a powerful exploration of inequality and the lesson that generations of Americans have failed to learn: Racism has a cost for everyone—not just for people of color. WINNER OF THE PORCHLIGHT BUSINESS BOOK AWARD • ONE OF THE BEST BOOKS OF THE YEAR: Time, The Washington Post, St. Louis Post-Dispatch, Ms. magazine, BookRiot, Library Journal “This is the book I’ve been waiting for.”—Ibram X. Kendi, #1 New York Times bestselling author of How to Be an Antiracist Look for the author’s podcast, The Sum of Us, based on this book! Heather McGhee’s specialty is the American economy—and the mystery of why it so often fails the American public. From the financial crisis of 2008 to rising student debt to collapsing public infrastructure, she found a root problem: racism in our politics and policymaking. But not just in the most obvious indignities for people of color. Racism has costs for white people, too. It is the common denominator of our most vexing public problems, the core dysfunction of our democracy and constitutive of the spiritual and moral crises that grip us all. But how did this happen? And is there a way out? McGhee embarks on a deeply personal journey across the country from Maine to Mississippi to California, tallying what we lose when we buy into the zero-sum paradigm—the idea that progress for some of us must come at the expense of others. Along the way, she meets white people who confide in her about losing their homes, their dreams, and their shot at better jobs to the toxic mix of American racism and greed. This is the story of how public goods in this country—from parks and pools to functioning schools—have become private luxuries; of how unions collapsed, wages stagnated, and inequality increased; and of how this country, unique among the world’s advanced economies, has thwarted universal healthcare. But in unlikely places of worship and work, McGhee finds proof of what she calls the Solidarity Dividend: the benefits we gain when people come together across race to accomplish what we simply can’t do on our own. The Sum of Us is not only a brilliant analysis of how we arrived here but also a heartfelt message, delivered with startling empathy, from a black woman to a multiracial America. It leaves us with a new vision for a future in which we finally realize that life can be more than a zero-sum game. LONGLISTED FOR THE ANDREW CARNEGIE MEDAL

Download or read book Dark Pools Internalization and Equity Market Quality written by Rhodri Preece and published by . This book was released on 2012-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: