There is growing evidence that the US stock market has been rigged by machine traders and dark pools. In 2014, the FBI launched an investigation into high-frequency trading, which led to the arrest of several individuals accused of engaging in manipulative trading practices. In 2015, the Securities and Exchange Commission (SEC) fined several major banks and brokerages for their role in rigging the stock market.
The financial landscape underwent a seismic shift at the turn of the century, moving from the chaotic shouting of floor traders to the silent, lightning-fast execution of algorithms. At the heart of this transformation lies the subject of Scott Patterson’s investigative masterpiece, Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market . There is growing evidence that the US stock
Machine traders have been accused of rigging the US stock market through a variety of techniques, including: The financial landscape underwent a seismic shift at