Flash Boys by Michael M. Lewis

This book delves into the high-frequency trading (HFT) world on Wall Street, revealing how a group of financial industry outsiders discovers that the U.S. stock market has been rigged for the benefit of insiders. With the markets under the control of a few high-speed traders who gain from microseconds advantages, the book follows these reformers as they investigate this new form of financial advantage, leading them to create an exchange designed to eliminate the unfair edge HFTs had, thereby leveling the playing field for average investors. Through a narrative that is both educational and thrilling, the book exposes the dark underbelly of modern electronic trading, raising important questions about the integrity of financial markets.

The 10605th greatest book of all time


Published
2014
Nationality
American
Type
Fiction
Pages
272-320
Words
Unknown
Original Language
English

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