Flash Boys: Not So Fast: An Insider's Perspective on High-Frequency Trading by Kovac Peter

Author:Kovac, Peter [Kovac, Peter]
Language: eng
Format: epub
Publisher: Directissima Press
Published: 2014-10-28T22:00:00+00:00

Fortunately, positions or not, most high-frequency traders seem to manage the risk pretty well. Unlike much of Wall Street, they aren’t speculators taking a joy ride with their investors’ money. I’m still not sure why that bothers Lewis.

Fun With Numbers (again): Lewis Argues With Himself About Profits

To measure the cost to the economy of high-frequency trading “you needed to know how much money [these firms] made. That was not possible,” Lewis laments. “The new intermediaries were too good at keeping their profits secret.”

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