Flash Boys: A Wall Street Revolt

Flash Boys: A Wall Street Revolt

12/1/2014

link

https://openlibrary.org/books/OL28336185M

summary

In "Flash Boys: A Wall Street Revolt", Michael Lewis reveals the dark and intricate world of high-speed computer trading that drives the world's financial markets. He argues that the stock market has become rigged, dominated by a handful of enormous, high-speed trading firms that can manipulate stock prices simply by exploiting market inconsistencies before anyone else can react. The result is a financial system that's structurally unfair, where too many are made to pay for the games played by a few. But there's hope. This is a story about a small group of Wall Street outsiders who have banded together to create their own stock exchange, one that promises to be faster, cheaper, and fairer than anyone else's. In a fight to wrest back control of the markets and restore balance to the system, they're taking on powerful entrenched interests, risking everything they've built to expose the truth about the financial markets in the wake of the 2008 financial crisis. A gripping and eye-opening read that will leave you pondering the current state of the financial world long after the final page.

tags

finance ꞏ dark pools ꞏ stocks ꞏ economics ꞏ high-frequency trading ꞏ corruption ꞏ stock market ꞏ money ꞏ business ꞏ market manipulation ꞏ regulation ꞏ michael lewis ꞏ trading ꞏ financial crisis ꞏ wall street ꞏ capitalism ꞏ non-fiction ꞏ expose ꞏ investing ꞏ trading algorithms ꞏ banking