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

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    Large Lore Models
    0XPARC
    'Large Lore Models', in AUTONOMOUS WORLD N1
    0XPARC
    Speculative tools for decentralized narrative building, with E. Jäger and A. Milne
    (demo)
    AI UK 2023
    QEII CENTRE, london
    GODMODE CHRONICLES
    ARTECHO
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    Turret Theory
    SERPENTINE
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    2022 (live)
    GOD MODE (ep. 1)
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    IMPAKT FESTIVAL
    HET HUIS, utrecht
    UNSOUND BUBBLES
    kraków
    GOD MODE (ep. 1)
    HQI, london
    Artist conversation with dmstfctn
    IMPAKT TV
    A conversation on simulations and AI hosted Marijn Bril at IMPAKT festival 2022
    2021 (group show)
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    (screening)
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    CAFE OTO, london
    ECHO FX
    KRISIS PUBLISHING
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    AQNB
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    ECHO FX
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    REALITY CHECK AHEAD
    CLOT
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    BERGHAIN, berlin
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    AKSIOMA, ljubljana
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    2018 (live)
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    Situation #111
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    HET NIEUWE INSTITUUT, rotterdam
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    transmediale face value
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    On ways and means of making offshore and other financial processes visible
    IMPAKT Festival
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    On the sonification of stock market crashes, part of a panel on algotrading
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    Alt-Age
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    A DAY IN THE LIFE OF
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    The Offshore Economist
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    2017 (talk)
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