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The Shadow Market: Dark Pools, Machine Traders, and the Rigging of Wall Street

: These innovations inadvertently birthed a fragmented market of "dark pools" and high-frequency trading (HFT) "bots" that execute trades in milliseconds, often outmaneuvering their human creators. What Are Dark Pools? The Shadow Market: Dark Pools, Machine Traders, and

: A transparent, all-electronic marketplace where small traders could swap stocks on equal footing. The Shadow Market: Dark Pools