Why did the cover change?
Makes me proud and glad to be Canadian. Brad and co, despite clearly illustrating the astounding deceit, dishonesty, immorality, and express criminality underlying the big banks and trading houses of Wall Street, have yet to move the SEC to do anything about it thereby making them complicit. So, essentially America’s securities system is being skimmed and the US government is doing nothing to fix it. Wow!
The information was interesting but this isn't a good read by Lewis' standards. If I just wanted details, I would have bought a text book.
Excellent & intriguing book even for the non-investor type. As an individual trader I’ve often thought that something like this was going on when market actions just “didn’t make sense.” This book brought clarity in an exciting, thrilling & captivating fashion. I highly recommend the iTunes audio book as well, Dylan Baker (narrator) does a great job.
so much truth in this financial conundrum
I manage Futures and Futures Options for a living and do not deal in equities, but enjoyed Lewis’ literary discussion of HFT and how IEX evolved. I think everyone will have reasons to downgrade the book and reasons to promote it. For those looking for intricacies of order types and different HFT arbitrage this is not a technical or typical investment/analysis book. There are some interesting characters, but it doesn’t rise to the level of an intriguing thriller either. It was a great read while doing cardio at the gym.