News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

After Hours

Review: ‘Darkness By Design’ says cheating in dark markets is rational

Oxford professor Walter Mattli argues that the lack of effective regulation and enforcement in modern markets has incentivised bad behaviour

The NYSE sketched for Time magazine by artist-reporter Franklin McMahon in the late 1970s
The NYSE sketched for Time magazine by artist-reporter Franklin McMahon in the late 1970s Photo: Getty Images

After Hours is Financial News’s culture column, where every week one of our award-winning journalists turns their attention to the world of books, films, theatre and art.

Darkness By Design: The Hidden Power in Global Capital Markets
By Walter Mattli

WSJ Logo