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

A news-breaking account of the global stock market’s subterranean fights, Dark Swimming pools portrays the rise from the ‘bots’- artificially intelligent systems that execute trades in milliseconds and utilize the cover of darkness to out-maneuver the human beings who’ve created them.

Initially was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market in the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine about Dark Swimming pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market made a computerized trading hub named Island where little traders swapped stocks, and over time his invention morphed into a global electronic stock market that delivered trillions in capital through a huge jungle of fiber-optic cables.

By then, the market that Levine had sought to repair had turned ugly, birthing secretive exchanges called dark swimming pools and a new species of trading machines that could think, and that seemed, ominously, to become slipping the control of their individual masters.

Dark Pools may be the fascinating tale of how global markets have already been hijacked by trading robots–many so self-directed that human beings can’t predict what they’ll do following.