Dark Pools cover art

Dark Pools

The Rise of A.I. Trading Machines and the Looming Threat to Wall Street

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Dark Pools

By: Scott Patterson
Narrated by: Byron Wagner
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About this listen

Dark Pools is the pacy, revealing, and profoundly chilling tale of how global markets have been hijacked by trading robots – many so self-directed that humans can’t predict what they’ll do next.

It’s the story of the blisteringly intelligent computer programmers behind the rise of these ‘bots’. And it’s a timely warning that as artificial intelligence gradually takes over, we could be on the verge of global meltdown.

©2012 Scott Patterson (P)2014 Random House Audiobooks
Science Fiction
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Critic reviews

"Scott Patterson has the ability to see things you and I don’t notice." (Nassim Nicholas Taleb, New York Times bestselling author of "Antifragile, Fooled by Randomness" and "The Black Swan")

What listeners say about Dark Pools

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Great book.

Should be in the library of ever person actively invested or working in the investment markets.

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1 person found this helpful

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Much better than Flash Boys

As a participant in the field of automated trading over the last 15 years, I found this far more balanced, interesting, accurate and less emotive than "Flash Boys".

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5 people found this helpful

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good story of electronic trading

Very good story telling. Narrated well. The story of electronic trading evolution to feed human greed.

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brilliant book

brilliant book, I strongly recommend for anyone who is interested in Algorithmic trading and capital markets

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    4 out of 5 stars

A hagiography of prophets of doom

An insightful and entertaining read of the world of finance.
I couldn’t help but feel like the author adored and sanctified the architects of doom. He describes their brilliance and endless greed with the same tone of praise.

He gets some of the technical aspects wrong, but covers enough for a layman to understand, after all he is a a financial journalist and not a quantitative analyst.

All in all, it’s one of the best books going on the issue.

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Fantastic book and narration

interesting story, really well written and researched. this is as good as the flash boys. thought the narration was excellent

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Not what I expected, but great.

I'd anticipated that this book would be about dark pools and hedge funds gaming the market. It's not, but it's better than that, it's really the story of how high frequency trading came to be and an inside look at some of the key characters that revolutionised market trading. I loved it, fascinating stuff all the way through.

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Educational insight

An interesting insight into the very technical world of quant trading that so many retail day traders struggle to understand. A great read if you know nothing of algo trading.

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Good background. It's a nice story

it's an interesting story of some key characters in the US market in the evolution to electronic trading and where we are today

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Well written

Surely it’s a bit dated given topic it tries to cover nevertheless a great book

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