Michael Lewis is promoting his new book The Flash Boys, which I am going to be buying, on CNBC. And the discussion was around high frequency trading and how it is rigged – according to some experts.
I have always suspected that the way an order gets placed for some is quicker than it is for some others. So how do someone prove it? It’s not so easy to do because of the shroud of trading.
Here is the video:
I can’t wait to read his new book because they are always entertaining and educational.
Let me know what you think.
Here is an update to the news about HFT