Flash Boys by Michael Lewis

[johnpendles]

I highly encourage everyone who has any interest whatsoever in stocks to read this eye-opening book.

In true Michael Lewis style, its brilliantly written and quite complex concepts are explained in an easy to understand way.

I wont give away what the book is about but if you trade stock it will certainly be of interest to you.

Cheers

 

[roe]

This mainly irritate fund managers and the like but as a retail investors you can easily mitigate it

Retail investors has lot of advantages yet most people don't exploit those advantages and always scare of the big bad wolf ...

those wolf cant even come close if you know what you are doing.

 

[redwing]

HFT discussed on this thread also

Raging Bulls: How Wall Street Got Addicted to Light-Speed Trading

On the back of the book "Flash Boys", the below discusses HFT and Wall St Banks

Is the U.S. stock market rigged? - CBS and 60 Minutes