Darkness by Design

Darkness by DesignDiscover the compelling insights of 'Darkness by Design,' an essential trade paperback published by Princeton University Press in 2021. This eye opening book delves into the dramatic transformation of capital markets over the past two decades, where algorithmic trading and high speed supercomputing have irrevocably changed the landscape of trading. Readers will gain valuable knowledge about the rise of 'dark' markets and the fragmentation of

Discover the compelling insights of 'Darkness by Design,' an essential trade paperback published by Princeton University Press in 2021. This eye-opening book delves into the dramatic transformation of capital markets over the past two decades, where algorithmic trading and high-speed supercomputing have irrevocably changed the landscape of trading. Readers will gain valuable knowledge about the rise of 'dark' markets and the fragmentation of exchanges, which have led to a unprecedented redistribution of power within the stock market. 'Darkness by Design' unveils the hidden dangers of these market changes, emphasizing the importance of understanding trading dynamics for anyone invested in the stock market. This thought-provoking work challenges traditional perspectives on market fairness and transparency, making it a must-read for both amateur and professional investors. Equip yourself with the knowledge to navigate the complexities of modern capital markets and understand the implications of unchecked market power. Perfect for anyone interested in finance, investing, and the socioeconomic impact of trading, this book is a key resource for grasping the intricacies of today's market conditions.