Flash boys a Wall Street revolt
"A small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to th...
Main Author: | Lewis, Michael |
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Format: | Books Print Book |
Language: | English |
Published: |
New York :
W.W. Norton & Company,
2014
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Edition: | First edition. |
Subjects: |
Summary: |
"A small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band together and set out to reform the financial markets. This they do by creating an exchange in which high-frequency traditing -- source of the most intractable problems -- will have no advantage whatsoever."--Book jacket. |
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Physical Description: |
274 pages ; 25 cm |
Bibliography: |
Includes bibliographical references and index. |
ISBN: |
9780393244663 (hbk.) 0393244660 (hbk.) |
Author Notes: |
(Bowker Author Biography) |