US stock market is rigged by high-speed traders: Michael Lewis(theguardian.com)
theguardian.com
US stock market is rigged by high-speed traders: Michael Lewis
http://www.theguardian.com/business/2014/mar/31/us-stock-market-rigged-michael-lewis
2 comments
There is/was some interesting data crunching critical to the plot here. Lewis actually walks through the role some hackers played in fleshing out the multiple abuses HFT enables. A 10,000 word excerpt from the book detailing this was published in the NY Times yesterday, but never got very far on HN because the title (was somewhat obscure). Anyways its worth checking out.
Cue the HFT apologists.