100,000+ Books, Games & Puzzles in-stock 🇳🇿

Overnight NZ-wide delivery on all in-stock orders 🚀

Darkness by Design

The Hidden Power in Global Capital Markets
3.97 goodreads logo

Ratings/reviews counts are updated frequently.

Check link for latest rating.
( 38 ratings, 7 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Darkness by Design explores the radical changes in capital markets over the past two decades, highlighting the shift from traditional floor trading to algorithmic high-speed supercomputing and the fragmentation of centralised exchanges into numerous competing platforms. Walter Mattli illuminates the hidden dangers of market fragmentation and 'dark' markets, revealing how shifts in power have created new winners and losers and raising critical concerns about the implications for the global economy and society.
Read More
Format: Paperback / softback
$3499
AVAILABLE WITH SUPPLIER Ships from our Auckland warehouse within 4-6 weeks

Found a better price? Request a price match

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is essential for investors, financial professionals, policymakers, and anyone seeking a deeper understanding of modern capital markets and their hidden complexities.

Book Hero thinking about your next read

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

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.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Praised for its thorough research and clear writing, Darkness by Design is described as a must-read for regulators, policymakers, and anyone interested in securities markets. Reviewers highlight its lucid and concise discussion of complex market structures, its insightful examination of trading information flows, and its ability to engage both new and experienced readers. The book transforms how readers understand financial markets and their governance.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9780691216867

Publisher: Princeton University Press

Format: Paperback / softback

Date Published: 08 June 2021

Country: United States

Imprint: Princeton University Press

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Width: 156.0mm

Height: 235.0mm

Weight: 250g

Pages: 264

About the Author

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).

Also by Walter Mattli

View all

More from Education & Reference

View all

Why buy from us?

Book Hero is not a chain store or big box retailer. We're an independent 100% NZ-owned business on a mission to help more Kiwis rediscover a love of books and reading!

Service & Delivery

Service & Delivery

Our warehouse in Auckland holds over 80,000 books, toys, board games and puzzles in-stock so you're not waiting for your order to arrive from overseas.

Auckland Bookstore

Auckland Bookstore

We're primarily an online store, but for your convenience you can pick up your order for free from our bookstore, which is right next door to our warehouse in Hobsonville.

Our Gifting Service

Our Gifting Service

Books make wonderful thoughtful gifts and we're here to help with gift-wrapping and cards. We can even send your gift directly to your loved one.