Flash Boys: A Wall Street Revolt
Michael Lewis
Summary
In recent years, the inner machinations of Wall Street have come under intense scrutiny, especially with the rise of high-frequency trading (HFT). Michael Lewis, renowned for his investigative storytelling, delves into this world in a revelatory narrative that exposes how technological innovation, opaque market structures, and profit-driven incentives have reshaped the landscape of American finance. His account not only uncovers the mechanics behind split-second trades but also follows the journey of a group of individuals determined to challenge a system they believe is rigged against ordinary investors.
- High-frequency trading (HFT) exploits speed advantages...
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