1. 2019

  2. 2018

  3. 2016

 

DEMONS is an audiovisual performance exploring confirmation bias in algorithmic trading. It replays Black Monday, 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 overwhelemed 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 translate New York Stock Exchange trading data from October 19, 1987 into sound.

  1. DEMONS is an audiovisual performance exploring confirmation bias in algorithmic trading. It replays Black Monday, 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 overwhelemed 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 translate New York Stock Exchange trading data from October 19, 1987 into sound.

2018

DEMONS

the DEMYSTIFICATION COMMITTEE studies the intensities of late capitalism, engaging with its networks, interfaces and excesses; it is chaired from london and berlin;

chair@demystification.co,
@dmstfctn, @dmstfctn

2021.6.2 (live)
INTERFACE CHAOS LIVE
CAFE OTO
..........................................................................................................................................................................................................................................
INTERFACE CHAOS LIVE
CAFE OTO, london
.......................................................................................................................................................................................................................................... A screening of INTERFACE CHAOS accompanied by SKY H1's live soundtrack
2020 (live)
CTM x TRANSMEDIALE
BERGHAIN, berlin
CTM 2020 x TRANSMEDIALE
BERGHAIN, berlin
(solo)
OFFSHORE MATTERS
AKSIOMA, ljubljana
(interview)
INTERFACE CHAOS
NERO
An interview on the themes of INTERFACE CHAOS (2019), including excerpts
CHASING ILLICIT MONEY
NEW YORK TIMES
Investigative journalism on offshore banking, touching on OFFSHORE SS18
(streaming)
Moneylab #8
AKSIOMA
A panel on artistic explorations of tax havens, led by an investigative journalist
(screening)
INTERFACE CHAOS
FORUM STADTPARK, graz
(focus group)
RAVENSBOURNE UNIVERSITY
london
BA ARCHITECTURE
RAVENSBOURNE UNIVERSITY, london
(release)
RHYTHM, CHAOS & NONPULSED MAN
LD10
RHYTHM, CHAOS AND NONPULSED MAN
LA DELEUZIANA
Text, music and images on Deleuze and Guattari's concepts of chaos and rhythm
2019 (solo)
NETWORK ENSEMBLE
GLUQBAR, milan
(group show)
A SCHOOL OF SCHOOLS
C-MINE, genk
PORTO DESIGN BIENNIAL
TRINDADE, porto
A SCHOOL OF SCHOOLS
LUMA, arles
EMERGENCE
LCC, london
(screening)
Ø.29
CORSICA STUDIOS, london
PORTO DESIGN BIENNIAL
CAMPO 24 DE AGOSTO, porto
INTERFACE CHAOS
TRUST, berlin
ANTIUNIVERSITY NOW
THE MONTPELIER, london
(live)
DESIGNING TIME
DESIGN MUSEUM, london
(residency)
DESIGN SYSTEMS
SHARED INSTITUTE, porto
(release)
Flash Demons
MILLE PLATEAUX
Audiovisual genealogy of financial algorithmic collapse, released as a custom USB
(focus group)
WEISSENSEE KUNSTHOCHSCHULE
berlin
MA VISUAL COMMUNICATION
WEISSENSEE KUNSTHOCHSCHULE, berlin
MA GRAPHIC MEDIA DESIGN
LCC, london
2018 (group show)
4th Design Biennial
ARTER, istanbul
4th Istanbul Design BIENNIAL
ARTER, istanbul
transmediale face value
HKW, berlin
Situation #111
FOTOMUSEUM, winterthur
Projected.Capital
ROEHRS & BOETSCH, zurich
DIGITAL DESIGN WEEKEND
V&A, london
(live)
Radical Networks
SPEKTRUM, berlin
Alt-Age
DESIGN MUSEUM, london
transmediale face value
HKW, berlin
(streaming)
IMPAKT Festival
HET HUIS, utrecht
On the sonification of stock market crashes, part of a panel on algotrading
Automated Lands
NEW INSTITUTE, rotterdam
Automated Landscapes
HET NIEUWE INSTITUUT, rotterdam
On infrastructures and geographies of avoidance, from data centres to tax havens
Borderline Festival
ONASSIS, athens
Borderline Festival
ONASSIS STEGI, athens
"Approach from West India Quay, see what corpses sprouted on the Isle of Dead"
transmediale face value
HKW, berlin
On ways and means of making offshore and other financial processes visible
MoneyLab #4
SOMERSET HOUSE, london
A talk on offshore investigative w—i—p, part of a panel on play in art and finance
On work
SERPENTINE GALLERIES
Algorithmic Superstructures
SERPENTINE GALLERIES
#algotrading #crashcore #spoofing #flashcrash #may62010 #podcast
(talk)
Alt-Age
DESIGN MUSEUM, london
Something or Other
LCC, london
(interview)
BUON PARADISO FISCALE A TUTTI
NOT
An interview on recent and future work of the Demystification Committee
Staying Alive
WE MAKE MONEY NOT ART
A review of OFFSHORE SS18 (2018), part of the 4th Istanbul Design Biennale
What Audre Lorde's language of self care can teach
FRIEZE
Reviewing OFFSHORE INVESTIGATION VEHICLE (2017—18) at transmediale
(release)
A DAY IN THE LIFE OF
SCHLOSS-POST
Fictional tales of a real puppet, directing a Seychelles International Business Company
THE OFFSHORE ECONOMIST
RIZOSFERA
Fiction, poetry, legalese and a shifting layout for a publication on offshore finance
(focus group)
MONEYLAB #4
SOMERSET HOUSE, london
2017 (live)
transmediale vorspiel
NON, berlin
Inside Terrain Vague
UMLAUT, london
(talk)
the influencers
CCCB, barcelona
(group show)
rundgang
UDK, berlin
holding space
THE BRICK CUBE, london
uncertainty playground
LCC, london
(residency)
Vilem Flusser Residency Program
berlin
(focus group)
london design festival
LCC, london
Vilem Flusser Residency Program
berlin
Vilem Flusser Residency Program
PRETIUMOFFICES, berlin
(release)
SELECTED NETWORK STUDIES
NUKFM
Audiovisual experiments with wireless networks, released as custom SD card
2016 (screening)
DELEUZE STUDIES
TRE UNIVERSITY, rome
DELEUZE STUDIES
ROMA TRE UNIVERSITY, rome
(release)
CHAOS VARIATION I
NUKFM
Remixing a 1975 speech by Felix Guattari on the advent of informatics machines