Paperback. Capital markets have undergone a dramatic transformation in the past two decades. Algorithmic high-speed supercomputing has replaced traditional floor trading and human market makers, while centralised exchanges that once ensured fairness and transparency have fragmented into a dizzying array of competing exchanges and trading platforms. Darkness by Design exposes the unseen perils of market fragmentation and 'dark' markets, shedding critical light on how the redistribution of power and influence has created new winners and losers in capital markets. Essential reading for anyone with money in the stock market, this compelling book challenges the conventional view of markets and reveals the troubling implications of unchecked market power for the health of the global economy and society as a whole. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

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Titre: Darkness by Design (Paperback)
�diteur: Princeton University Press, New Jersey
Date de parution: 2021
Langue: anglais
ISBN � 10 chiffres: 069121686X
ISBN � 13 chiffres: 9780691216867
Reliure: Paperback
�tat de l'article: new

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� propos de l?auteur

Walter Mattli is professor of international political economy and a fellow of St. John's College, University of Oxford. His books include The New Global Rulers: The Privatization of Regulation in the World Economy (Princeton).

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