For those looking to understand the full history and technical evolution of this system, Scott Patterson's book provides a groundbreaking account.
The US stock market has long been considered a bastion of free market capitalism, where prices are determined by the forces of supply and demand. However, in recent years, a growing body of evidence has suggested that this market may not be as free or fair as it seems. The rise of machine traders and dark pools has led to concerns about market manipulation and rigging, which have significant implications for investors and the economy as a whole. For those looking to understand the full history
Over time, these pools became a primary environment for High-Frequency Trading (HFT) firms to operate. The Rise of the Machine Traders The rise of machine traders and dark pools
Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market Stock Market An eye-opening look at how "Flash
An eye-opening look at how "Flash Crashes" happen when algorithms collide. The "Rigging" Debate: