In the distant year of 2014, Michael Lewis came out with Flash Boys, a book that made villains out of the coders who were creating software for high frequency trading and that made heroes out of the founders of the IEX, especially founder Brad Katsuyama. On Lewis' script, they and he were foiling the nefarious HFT interests.
Flash Boys drew a lot of public attention: a lot more, one would feel safe in wagering, than any earlier discussion of the development of trading software and technology. What may have sold it was Lewis . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
