Whoosh Goes the Market: Algorithms, Automation, and Alienation. This item is unavailable.

Language: English

Published by The University of Chicago Press, 2024

0226833798 / 9780226833798

  • Softcover
  • Used
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Seller: World of Books (was SecondSale), Montgomery, IL, U.S.A.World of Books (was SecondSale)

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A vivid, fast-paced inside look at financial markets, the people who work on them, and how technology is changing their world (and ours).   Markets are messy, and no one knows this better than traders who work tirelessly to predict what they will do next. In Whoosh Goes the Market, Daniel Scott Souleles takes us into the day-to-day experiences of a team at a large trading firm, revealing what it?s actually like to make and lose money on contemporary capital markets.   The traders Souleles shadows have mostly moved out of the pits and now work with automated, glitch-prone computer systems. They remember the days of trading manually, and they are suspicious of algorithmically driven machine-learning systems. Openly musing about their own potential extinction, they spend their time expressing fear and frustration in profanity-laced language. With Souleles as our guide, we learn about everything from betting strategies to inflated valuations, trading swings, and market manipulation. This crash course in contemporary finance vividly reveals the existential anxiety at the evolving front lines of American capitalism.…

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Title
Whoosh Goes the Market: Algorithms, Automation, and Alienation
Author
Daniel Scott Souleles
Publisher
The University of Chicago Press
Publication year
2024
Condition
Good
Binding
Paperback
Language
English
ISBN 10
0226833798
ISBN 13
9780226833798

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