Book Review: ‘Dark Pools’ By Scott Patterson

Jay Owen Books and Reviews, Articles by Hazel Henderson

51mMPWdweML._BO2,204,203,200_PIsitb-sticker-arrow-click,TopRight,35,-76_AA300_SH20_OU01_Dark Pools is a page-turning, fascinating account of how computerized algorithmic high-frequency trading (HFT) and electronic platforms evolved, took over financial markets and turned the NYSE floor into a mere “puppet-show for TV.” Author Scott Patterson, a reporter for theWall Street Journal, is a consummate observer. Dark Pools is a follow-up to his New York Times bestselling, award-winning The Quants (2010). His account of what’s transforming capital markets cross-references Broken Markets by Sal Arnuk and Joseph Saluzzi, which I reviewed for Seeking Alpha.com June 30, 2012.

 

 

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