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March 28, 2014

60 Minutes Talks HFT and Michael Lewis’ New Book on March 30

Sunday night, March 30th, 60 Minutes did a story on market structure, computer trading and Michael Lewis’s new book “Flash Boys: A Wall Street Revolt,” which was released March 31.  This show (and the book) hopefully will jump start the long simmering, but largely dormant discussion of the many well-known problems with the current markets structure.

If you want some background on these issues, Joe Saluzzi and Sal Arunk at Themis Trading are two of the most informed and knowledgeable market participants out there.  They have been at the forefront of the discussion for years, have written the terrific book (Broken Markets) and co-author a must-read blog, accessible here.

Articles about Michael Lewis’ book “Flash Boys: A Wall Street Revolt”:

New York Times Magazine: The Wolf Hunters of Wall Street (March 31, 2014)

Financial Times: ‘Flash Boys’ starts Wall St soul searching (March 28, 2014)

CNBC: Michael Lewis, ‘Flash Boys,’ and ’60 Minutes’ (March 31, 2014

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