Dark Pools
DOWNLOAD eBooks
Download Dark Pools PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Dark Pools book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Dark Pools
DOWNLOAD eBooks
Author : Scott Patterson
language : en
Publisher: Crown Currency
Release Date : 2012-06-12
Dark Pools written by Scott Patterson and has been published by Crown Currency this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-12 with Business & Economics categories.
A news-breaking account of the global stock market's subterranean battles, Dark Pools portrays the rise of the "bots"--artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who've created them. In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables. By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters. Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.
Dark Pools And High Frequency Trading For Dummies
DOWNLOAD eBooks
Author : Jay Vaananen
language : en
Publisher: John Wiley & Sons
Release Date : 2015-02-23
Dark Pools And High Frequency Trading For Dummies written by Jay Vaananen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-23 with Business & Economics categories.
A plain English guide to high frequency trading and off-exchange trading practices In Dark Pools & High Frequency Trading For Dummies, senior private banker Jukka Vaananen has created an indispensable and friendly guide to what really goes on inside dark pools, what rewards you can reap as an investor and how wider stock markets and pricing may be affected by dark pools. Written with the classic For Dummies style that has become a hallmark of the brand, Vaananen makes this complex material easy to understand with an insider's look into the topic. The book takes a detailed look at the pros and the cons of trading in dark pools, and how this type of trading differs from more traditional routes. It also examines how dark pools are currently regulated, and how the regulatory landscape may be changing. Learn what types of dark pools exist, and how a typical transaction works Discover the rules and regulations for dark pools, and some of the downsides to trading Explore how dark pools can benefit investors and banks, and who can trade in them Recognize the ins and outs of automated and high frequency trading Because dark pools allow companies to trade stocks anonymously and away from the public exchange, they are not subject to the peaks and troughs of the stock market, and have only recently begun to take off in a big way. Written with investors and finance students in mind, Dark Pools & High Frequency Trading For Dummies is the ultimate reference guide for anyone looking to understand dark pools and dark liquidity, including the different order types and key HFT strategies.
Should Dark Pools Be Prohibited
DOWNLOAD eBooks
Author : Moritz Meyer
language : en
Publisher: GRIN Verlag
Release Date : 2018-05-29
Should Dark Pools Be Prohibited written by Moritz Meyer and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-29 with Business & Economics categories.
Essay from the year 2017 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 68%, University of Strathclyde, language: English, abstract: Should dark pools be prohibited? Discuss this statement by exclusively presenting arguments that this is not the case. A dark pool is defined by Banks (2010) as an alternative trading system for the anonymous trade of standardised financial products. Pan (2017) specifies it as mainly an equity trading venue. The trades in a dark pool are, according to Ye (2016), concluded outside of any display order. This differs from lit markets, such as traditional stock exchanges, as the trade, according to Comerton-Forde and Putniņš (2015), is only made public after it has been executed. Dark pools are a highly unregulated market sector and not subjected to the rules and regulations of the European stock exchanges, as Baxter (2017) highlights. Petrescu and Wedow (2017) therefore assumed that the key feature of dark pools is less transparency compared to lit markets, i.e. market participants do not have an overview of the supply and demand of the products. The traders purchase and sell on dark pools without showing their identities or exposing transactions to the public market; therefore, the available liquidity in the dark pool is anonymous, as pointed out by Kratz and Schöneborn (2014). The price of a successful order is calculated, as claimed by Banks (2014), as the midpoint of the bid and offer. Zhu (2014) states that the execution of an order in a dark pool is not guaranteed, unlike the traditional stock exchange.
Dark Pools
DOWNLOAD eBooks
Author : E. Banks
language : en
Publisher: Springer
Release Date : 2010-04-09
Dark Pools written by E. Banks and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-04-09 with Business & Economics categories.
Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. It discusses the development of the equity trading marketplace over the past two decades and how dark pools may evolve in a post-financial crisis world.
Dark Pools And Flash Trading New Trends In Equity Trading
DOWNLOAD eBooks
Author : Katharina Niciejewska
language : en
Publisher: diplom.de
Release Date : 2015-02-01
Dark Pools And Flash Trading New Trends In Equity Trading written by Katharina Niciejewska and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-01 with Business & Economics categories.
This book examines the characteristics of equity trading and especially two relatively new phenomena which are dark pools and flash trading. Over the last years these two terms became more and more important in equity trading and today they are a real alternative to traditional exchanges, like the New York Stock Exchange or Deutsche Börse. But these new evolutions do not only have advantages. Indeed there are concerns that beside the benefits, like fast execution times, sophisticated techniques and less market impact, these mechanisms can also burrow risks. These risks are difficult to estimate, with an evolution of these new platforms that was so quick, that one might have the impression that even regulators do not full yet understand what might happen in the case of a next financial crisis. However with a market share of 15%-20% of all trading activity in global equities and a jump of almost fivefold in the period of time from January to October 2009, these new mechanisms cannot be ignored anymore. Therefore this book explains in detail the functionality of dark pools and other current trading strategies. All important factors like different market structures, market liquidity aspects, as well as regulatory framework and technology facets will be reviewed. Further an outlook should be given to the reader on how the evolution of dark pools & co. might continue in the coming years. With dark pools and flash trading, trading is now dominated by rapid-fire computer systems that might create a more technically driven market, rather than one based on fundamental forces. It remains to see whether this evolution will continue.
Dark Pools
DOWNLOAD eBooks
Author : E. Banks
language : en
Publisher: Springer
Release Date : 2014-08-21
Dark Pools written by E. Banks and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-21 with Business & Economics categories.
This book deals with the topic of dark trading, or non-displayed, off-exchange trading execution. It discusses the development, importance and practice of dark equity trading in an environment dominated by high frequency, program, block and algorithmic trading, and considers its future prospects in a world of mobile capital and changing regulation.
Flash Boys A Wall Street Revolt
DOWNLOAD eBooks
Author : Michael Lewis
language : en
Publisher: W. W. Norton & Company
Release Date : 2014-03-31
Flash Boys A Wall Street Revolt written by Michael Lewis and has been published by W. W. Norton & Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-31 with Business & Economics categories.
Argues that post-crisis Wall Street continues to be controlled by large banks and explains how a small, diverse group of Wall Street men have banded together to reform the financial markets.
Dark Pool Secrets
DOWNLOAD eBooks
Author : Stefanie Kammerman
language : en
Publisher:
Release Date : 2018-05
Dark Pool Secrets written by Stefanie Kammerman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05 with categories.
In this book, Stefanie Kammerman shares her secrets, sheds a bright light on Dark Pool activity and teaches you how to spot these big trades before they move stock prices. Most people don't know that 40% of all trading volume happens in private stock exchanges called Dark Pools. Millions of shares are traded, but not reported for up to 24 hours, avoiding any immediate market impact. Following Dark Pool trades has allowed Stefanie to pick successful trades more than 90% of the time over the past four years - enough to earn you triple digit returns if you followed every trade she called. She even called out the last 11 corrections on social media - BEFORE they happened!
Dark Pools
DOWNLOAD eBooks
Author : Brian Terry
language : en
Publisher: Troubador Publishing Ltd
Release Date : 2016-04-21
Dark Pools written by Brian Terry and has been published by Troubador Publishing Ltd this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-21 with Fiction categories.
Dark Pools is a gripping novel revolving around the audacious attempt by China to completely annihilate the US dollar – literally in the blink of an eye, using ultra sophisticated computing power – and replace it overnight with the Chinese renminbi as the new world currency. Their provocative actions are deliberately choreographed to coincide with a riot-torn crisis in Hong Kong involving the Pro-Democracy movement, and the covert construction of a highly confrontational military airstrip in the South China Seas. The narrative rapidly criss-crosses the globe over a 22-day period in August until the plot nears its dénouement: when the Chinese intend to strike at the very heart of the foreign exchange market. Dark Pools weaves together the worlds of international banking and high finance; numerous covert intelligence agencies; computer hackers and cyber criminals; political intrigue; and the awesome firepower of a US aircraft carrier task force. If China succeeds in its ambitious scheme, they will utterly devastate the dollar and bring America, and indeed the rest of the world, to its knees. A rebel group within the Politburo are intent on making China the only superpower left standing when Armageddon strikes: can they be stopped in time? Dark Pools is a geo-political, fast-moving, financial thriller, sweeping across London, New York, Hong Kong, Macau and Guangzhou. It will appeal to fans of speculative fiction, particularly those who are interested in contemporary issues such as cyber crime and currency wars.
Why Should Dark Pools Be Prohibited
DOWNLOAD eBooks
Author : Sabrina Schleimer
language : en
Publisher: GRIN Verlag
Release Date : 2018-08-23
Why Should Dark Pools Be Prohibited written by Sabrina Schleimer and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-23 with Business & Economics categories.
Essay from the year 2017 in the subject Economics - Finance, grade: 1,7, University of Strathclyde (Business School), course: International Financial Markets and Banking, language: English, abstract: The following paper will introduce dark pools and present as well as discuss some of the most important arguments in favour of prohibiting dark pools. Dark pools have been in existence since the 1980s with the first one being founded by Instinet in 1986. However, according to Zhu (2014), there was little interest in dark pools as they only had a very low market share. The author states that this changed in 2007 when both the United States of America as well as the European Union implemented new legislation – the Regulation National Market System (Reg NMS) and the Markets in Financial Instruments Directive (MiFID) respectively – which led to a significant increase in the number of both dark pools and trades on these platforms. The International Organization of Securities Commissions (IOSCO) (2010) generally defines dark pools as electronic liquidity pools which do not publicly provide any share prices before the trade. This lack of pre-trade transparency thus enables equity investors to trade privately, contrary to public stock exchanges, often referred to as lit markets. According to Lovén (2013), the main purpose of dark pools is twofold, firstly to minimise market impact and secondly to offer improvements of trading prices. To achieve this, dark pools usually execute orders at the midpoint of the bid-offer spread with the latter being sourced from lit exchange prices.