The debate that stopped NYSE trading
Michael Lewis, author of The Blind Side and The Big Short, just released a new book entitled ‘Flash Boys: A Wall Street Revolt.’ I have yet to have a chance to read it but it has already stirred up a ton of debate about the concept of HFT, or high frequency trading. More information can also be found on CNBC’s site here: Katsuyama vs. O’Brien – who won the fight?
The New York Times has also a long excerpt called “The Wolf Hunters of Wall Street” that is worth the read.
A counter-point to the book has been written by Felix Salmon: Michael Lewis’s flawed new book