Artist collective, founded in 1999 in Paris (FR), the artists live and work in Paris
2017, multimedia installation
»ADM XI« is an independent research platform for experimental algorithmic trading engineering that challenges the dogma of neoclassical economics. It created a collection of heretic, irrational, and experimental operating trading algorithms that are released to compete with each other on a marketplace hosted and organized by RYBN.ORG.
In this contest, benefits are no longer driven by prices and other economic instruments, but by living organisms – soil, plants, bacteria; by supraterrestrial laws – environmental, astronomical, astrological; and by ancient or forbidden knowledge – esoterica, magic, geomancy.
All the algorithms follow their own non-mercantile and obsessive logic: some attempt to produce total and irreversible chaos; others try to influence market prices to make them look a given geometric shape.
Participants of the »ADM XI« platform are: b01, Femke Herregraven, Brendan Howell, Martin Howse, JoDi, Nicolas Montgermont, Horia Cosmin Samoila, Antoine Schmitt, Marc Swynghedauw, Suzanne Treister.
»ADM XI« is part of the »Antidatamining« series, launched in 2006. It is the third and final part of RYBN.ORG's trilogy on algorithmic finance, initiated with »ADM 8« (2011) and continued with »ADM X«, »The Algorithmic Trading Freakshow« (2013).