Scalpers Inc.
John Lanchester: ‘Flash Boys’, 5 June 2014
Flash Boys: Cracking the Money Code
by Michael Lewis.
Allen Lane, 274 pp., £20, March 2014,978 0 241 00363 3 Show More
by Michael Lewis.
Allen Lane, 274 pp., £20, March 2014,
“... have fallen. The majority of the fall happened in the first years of this century, as computers took more and more of a role in the markets. We would reasonably expect that to lead to a fall in costs, and therefore a fall in spreads – that’s the whole point of using computers, from the customer’s point of view. The HFT players want to take the ... ”