Flash Boys. Book Summary

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Michael Lewis

What’s inside

Flash Boys explores the rise of high-frequency trading in the US equity market, revealing how it has created an unfair advantage and prompts a group of rebels to challenge the system.

You’ll Learn

  • Gaining insights into the complexities of high-frequency trading
  • Understanding the potential ethical issues within financial markets
  • Learning about the challenges and efforts to create a fairer trading environment
  • Exploring the real-world impact of technology on stock trading

Key Points

  • Introduction to high-frequency trading and its impact
  • The story of Brad Katsuyama’s discovery of market rigging
  • The creation of IEX, an exchange countering high-frequency tactics
  • Examination of the technology driving stock market changes
  • The ethical implications of market manipulation
  • Profiles of key players in the high-frequency trading world
  • The ongoing debate over market fairness and regulation

Who’s it For

  • Finance enthusiasts
  • Wall Street observers
  • Technology aficionados
  • Investors seeking market insights
  • Readers interested in economic justice

About the author

Michael Lewis, a former bond salesman, is a celebrated author known for his keen observations and gripping storytelling in finance.