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Michael Lewis, High Frequency Trading, And Frequent Batch …

With his new book, Michael Lewis is trying to completely change the conversation about high frequency trading on Wall Street. Up until now it’s been about whether or not high speed firms even have an advantage that distorts the market and hurts other investors.After enough people have read ‘Flash Boys: A Wall Street Revolt’, however, it may evolve into an […]

Schneiderman Endorses Batch Auctions – Business Insider

AP PhotoNew York Attorney General Eric Schneiderman speaks during a news conference Monday, Oct. 28, 2013, at City Hall in Philadelphia.This morning, New York Attorney General Eric Schneiderman declared war on high-frequency traders, or HFTs, and what he called the “fundamentally unfair – and potentially illegal – situations that give elite groups of traders early access to market-moving information at […]