DEMONS is an audiovisual performance exploring confirmation bias in algorithmic trading. It replays the Black Monday of October 19, 1987, the first stock market crash in which algorithmic trading was implicated.

    On that day, responding to a set of strange and seemingly unconnected events unfolding at the time of market opening, the computers of institutional investors on the New York Stock Exchange automatically executed a number of trades in order to protect the values of their portfolios against volatile market conditions.

    As algorithms followed a logic dictated by the technical analysis of each others' trading patterns, a domino effect was triggered. Large sums of money were lost as the communications systems of the New York Stock Exchange became overwhelmed by the amount of trading orders submitted by the algorithms, "demons of our own design" in the words of a Wall Street risk manager.

    DEMONS was performed on the 31st anniversary of Black Monday, using custom software to sonify NYSE trading data from October 19, 1987. The performance was released in 2019 by MILLE PLATEAUX.

    1. DEMONS is an audiovisual performance exploring confirmation bias in algorithmic trading. It replays the Black Monday of October 19, 1987, the first stock market crash in which algorithmic trading was implicated.

      On that day, responding to a set of strange and seemingly unconnected events unfolding at the time of market opening, the computers of institutional

      investors on the New York Stock Exchange automatically executed a number of trades in order to protect the values of their portfolios against volatile market conditions.

      As algorithms followed a logic dictated by the technical analysis of each others' trading patterns, a domino effect was triggered. Large sums of money were lost as the communications systems of the New

      York Stock Exchange became overwhelmed by the amount of trading orders submitted by the algorithms, "demons of our own design" in the words of a Wall Street risk manager.

      DEMONS was performed on the 31st anniversary of Black Monday, using custom software to sonify NYSE trading data from October 19, 1987. The performance was released in 2019 by MILLE PLATEAUX.

    2018

    DEMONS

    GOD MODE (ep. 1)
    SERPENTINE, london
    .......................................................................................................................................................................................................................................... A performance exploring simulation & AI training, live music by HERO IMAGE
    IMPAKT FESTIVAL
    HET HUIS, utrecht
    UNSOUND BUBBLES
    kraków
    GOD MODE (ep. 1)
    HQI, london
    ECHO FX
    KRISIS PUBLISHING
    A book and performance about market manipulation on Brexit Referendum night
    Ø
    FLATLINE PRESS/HYPERDUB
    (screening)
    INTERFACE CHAOS ft SKY H1
    CAFE OTO, london
    ECHO FX
    SLEEK
    'A modern tale, constructed of lies, gorilla advertising bus campaigns and ...'
    2020 (live)
    CTM × TRANSMEDIALE
    BERGHAIN, berlin
    (solo)
    OFFSHORE MATTERS
    AKSIOMA, ljubljana
    (screening)
    INTERFACE CHAOS
    FORUM STADTPARK, graz
    Moneylab #8
    AKSIOMA
    A panel on artistic explorations of tax havens, led by an investigative journalist
    INTERFACE CHAOS ft SKY H1
    NERO
    An interview on the themes of INTERFACE CHAOS (2019), including excerpts
    CHASING ILLICIT MONEY
    NEW YORK TIMES
    'A group of artists began a project to show how money could be moved offshore'
    2019 (live)
    DESIGNING TIME
    DESIGN MUSEUM, london
    (solo)
    NETWORK ENSEMBLE
    GLUQBAR, milan
    (group show)
    A SCHOOL OF SCHOOLS
    C-MINE, genk
    PORTO DESIGN BIENNIALE
    TRINDADE, porto
    A SCHOOL OF SCHOOLS
    LUMA, arles
    (screening)
    Ø.29
    CORSICA STUDIOS, london
    PORTO DESIGN BIENNIALE
    CAMPO 24 DE AGOSTO, porto
    INTERFACE CHAOS
    TRUST, berlin
    INTERFACE CHAOS
    EVENING CLASS, london
    Flash Demons
    MILLE PLATEAUX
    Audiovisual genealogy of financial algorithmic collapse, released as a custom USB
    2018 (live)
    transmediale face value
    HKW, berlin
    Borderline Festival
    ONASSIS, athens
    Borderline Festival
    ONASSIS STEGI, athens
    "Approach from West India Quay, see what corpses sprouted on the Isle of Dead"
    Radical Networks
    SPEKTRUM, berlin
    (group show)
    4th Design Biennial
    ARTER, istanbul
    4th Istanbul Design BIENNIAL
    ARTER, istanbul
    transmediale face value
    HKW, berlin
    Situation #111
    FOTOMUSEUM, winterthur
    Automated Lands
    NEW INSTITUTE, rotterdam
    Automated Landscapes
    HET NIEUWE INSTITUUT, rotterdam
    On infrastructures and geographies of avoidance, from data centres to tax havens
    transmediale face value
    HKW, berlin
    On ways and means of making offshore and other financial processes visible
    IMPAKT Festival
    HET HUIS, utrecht
    On the sonification of stock market crashes, part of a panel on algotrading
    MoneyLab #4
    SOMERSET HOUSE, london
    A talk on offshore investigative w—i—p, part of a panel on play in art and finance
    Alt-Age
    DESIGN MUSEUM, london
    A DAY IN THE LIFE OF
    SCHLOSS-POST
    'The phone on the cafe table buzzes: Graham. Mark sighs. Graham is a prick'
    The Offshore Economist
    Rizosfera
    'You are alone on a dusty desert road... You have just run out of water.....'
    2017 (talk)
    the influencers
    CCCB, barcelona
    (residency)
    Vilem Flusser Residency
    TRANSMEDIALE, berlin
    SELECTED NETWORK STUDIES
    NUKFM
    Audiovisual experiments with wireless networks, released as custom SD card