By Elvis Picardo Michael Lewis’ bestseller “Flash Boys: A Wall Street Revolt” stirred a hornet’s nest by shining the spotlight on the controversial subject of high-frequency trading (HFT). The book chronicles the journey of a small group of intrepid individuals on Wall Street who stumble across predatory behavior by high-frequency trading firms, and in a [...]
Michael Lewis's new book "Flash Boys," which investigates the unfairness of high-frequency trading on Wall Street, has a great section on how John Schwall, the former RBC global head of equities product management, came to learn that...Show More Summary
Today I am pleased to elevate author and investment banker Chris Whalen into the highest echelon of the Sense on Cents Hall of Fame. Whalen distinguishes himself as he properly frames the ongoing debate surrounding the scandalous practices within high frequency trading in a recent commentary that ran at Zero Hedge entitled, In “Flash Boys” […]
Michael Lewis’ new book “Flash Boys: A Wall Street Revolt,” hit the top of The New York Times bestseller list a week after its release. As you would expect, the book is skilfully assembled and quite sensational. When I first startedShow More Summary
Everyone's still a little confused about "Flash Boys," Michael Lewis' new book about the obscure world of high frequency trading. On 60 Minutes and a bunch of other media outlets, Lewis has been arguing to the world that his book shows how the stock market is rigged. Show More Summary
``On March 30, Michael Lewis went on "60 Minutes" and said that the stock market is "rigged." This past Friday, some plaintiffs' lawyers filed a lawsuit against, um, the stock market. This raises many questions, of which the most pressing is, what took so long? The lawsuit is basically just a synopsis of Lewis's book, "Flash Boys," and, I mean, how long can that take?''
Satyajit Das reviews Michael Lewis' book Flash Boys. Das finds it to be deeply flawed,: deficient in its understanding of HFT and not very well written.
Tom Gardner sat down with acclaimed author Michael Lewis to talk about Lewis' new book, Flash Boys, and how high-frequency traders skim billions off the market — and never risk a dime.
Unfortunately, the Aleynikov apparently didn’t quite measure up to be Michael Lewis’ muse, and so the world got Flash Boys. In 2009, he received a call from an old contact, a lawyer, who said he had a client Lewis might be interested in writing about. Show More Summary
A Q&A with Writer Michael Lewis on rigging Wall Street and why regulators may not solve the problem.
While Michael Lewis' book Flash Boys is sensationalistic and simplistic, it may goad regulators into action, particular since many knowledgeable observers have been making similar arguments for years. But let's hope they focus on the real issues.
If you read one business book this year, make it “Flash Boys” by Michael Lewis. The journalist famous for “Moneyball” and “The Big Short” takes readers inside the parasitic world of high-frequency trading that is harming the broader economy.
"The truth is rarely pure and never simple." - Oscar Wilde In this post, I address the assertion by Michael Lewis during his 60 Minutes interview and in his new book, "Flash Boys," that the market is "rigged" by high-frequency traders. So, is the stock market "rigged"? No. Show More Summary
Michael Lewis spotlights high-frequency traders with his new book, Flash Boys. These traders use high-speed computers and fast connections to outrace investors, and other traders, to the market. They now account for more than half of all U.S. stock trades. And the flash boys spend billions to save milliseconds (by, for example, laying expensive fiber-optic […]
"Flash Boys" exposes the perils of high-frequency trading. The time is now for a financial transaction tax
By Mike Arnold: The world of high frequency trading ("HFT") was recently brought to light again by Michael Lewis' book, Flash Boys. While I won't opine on the practice of HFT, instead I want to focus on a business that could potentially benefit from additional regulatory scrutiny. Show More Summary
In a curious departure from convention, the Goldman-backed, HFT-evading pseudo dark pool IEX, made famous in Michael Lewis' blockbuster "Flash Boys" has decided to post daily volume stats of its operations. And whether it is due to the...Show More Summary
Veronica Roth‘s Insurgent has returned to the top of Apple’s Top Paid iBooks in the U.S. this week, after being knocked out by Michael Lewis‘ Flash Boys last week. Apple has released its top selling books list for paid books from iBooks in the U.S. Show More Summary
By Dr. Bill Conerly: High frequency trading has been in the news more, thanks in part to Michael Lewis' new book, Flash Boys. This article presents a simple explanation of how and why high frequency trading works, and why it is good for small investors. Show More Summary
The Motley Fool recently caught up with Michael Lewis – author of "Flash Boys".