000			01412nam a22002057a 4500
999			_c4019 _d4019
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008			230104b ||||| |||| 00| 0 eng d
020			_a9780691216867
082			_a332.042 _bMAT
100			_aMattli, Walter _99229
245			_aDarkness by design: _bthe hidden power in global capital markets
260			_bPrinceton University Press _aPrinceton _c2019
300			_ax, 248 p.
365			_aUSD _b18.95
520			_aCapital 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 centralized 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.
650			_aInternational finance _9257
650			_aInternational economic relations _9259
650			_aCapital market _92947
942			_2ddc _cBK