Walter Mattli
Darkness by Design
The Hidden Power in Global Capital Markets
Princeton UP, 2019
What's inside?
Innovations that make capital markets cheaper and faster also make them less fair and less transparent.
Recommendation
Innovation, disruption and decentralization have changed global capital markets: Traders and specialists once huddled on the floors of exchanges, passing paper ticket orders and yelling on telephones, but now algorithmic trades, lightspeed communications and massive transaction volumes characterize markets. Professor Walter Mattli assesses both the opportunities and perils of an increasingly technology-driven and highly distributed trading model. Financial professionals and investors will find powerful insights and a critical analysis of the state of global capital markets in this authoritative and timely text.
Summary
About the Author
Walter Mattli is a professor of international political economy at Oxford University.
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