Darks Pools


This is a flawed book — overwritten, under-edited, and devoid of any real analysis or critical perspective. Nevertheless, it is a quick and easy read, and it tells the story of the transformation of the equity markets by modern technology — the rise of the ECNs, and the emergence of high frequency traders. (It has almost nothing to do with “dark pools” by the way; it is mainly about high frequency trading.)

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