“Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders, and that, post-financial crisis, the markets have become…more controlled by big Wall Street banks. Working at different firm, they come to this realization separately; but after they discover one another, the flash boys band together and set out to reform the financial markets.” They do this by creating their own exchange in which high frequency trading will have no advantage whatsoever.
In some ways, Flash Boys reads like a suspense thriller. As with many good novels, it moves quickly as you become involved with the stories. It is non-fiction with the potency of hard liquor, by the same author who gave us Boomerang, Moneyball, and Liar’s Poker. These stories of individual characters centered on a world of “high-frequency” trading are true. It’s fascinating, it can take you off balance, and it needs to be considered in perspective, as the fiber-optic-network, speed-of-light, stock-trading-in-a-millisecond world of big black boxes and very eager, crafty businessmen unfolds before your eyes. It is a book about Wall Street banks, dark pools, small exchanges, trading shops, and a stock market war of robots. Not entirely demoralizing, as its protagonists band together and take risks to do what they believe is right, it still might take your breath away.
--Rosemary Szczygiel, Hilliard Branch Library
Find Flash Boys in the Nassau County Public Library System catalog.
In some ways, Flash Boys reads like a suspense thriller. As with many good novels, it moves quickly as you become involved with the stories. It is non-fiction with the potency of hard liquor, by the same author who gave us Boomerang, Moneyball, and Liar’s Poker. These stories of individual characters centered on a world of “high-frequency” trading are true. It’s fascinating, it can take you off balance, and it needs to be considered in perspective, as the fiber-optic-network, speed-of-light, stock-trading-in-a-millisecond world of big black boxes and very eager, crafty businessmen unfolds before your eyes. It is a book about Wall Street banks, dark pools, small exchanges, trading shops, and a stock market war of robots. Not entirely demoralizing, as its protagonists band together and take risks to do what they believe is right, it still might take your breath away.
--Rosemary Szczygiel, Hilliard Branch Library
Find Flash Boys in the Nassau County Public Library System catalog.