Posts Tagged ‘Flash Crash’

Book Review: Flash Boys by Michael Lewis

Book Review: Flash Boys by Michael Lewis

By The Banker | Book Reviews, Investing, Wall Street

The Rise of the Machines Michael Lewis wrote Flash Boys to alert the non-finance world about the scourge of high frequency traders front-running investors and fracturing traditional capital markets. Lewis does not distinguish between quantitative (or algorithmic) trading strategies and high frequency trading firms (HFTs), although it’s helpful to define these terms first. Quantitative strategies [&hellip

The Rise of the Machines

The Rise of the Machines

By The Banker | Blog Posts

SkyNet made its mark on US stocks again this morning at the market open, as about a dozen companies saw their shares jump or plummet wildly in the opening minutes on the New York Stock Exchange, on exactly zero news, most likely due to computer-driven orders, and with no human input. Outside of the specialized [&hellip