Michael Lewis’s new book Flash Boys talks about how the High Frequency Trading technology employed by many Wall Street trading firms that co-locate their servers extremely close to the actual stock exchange are front running everyday human traders.
Watch the video:
http://www.bloomberg.com/video/how-did-russian-programmers-become-finance-wizards-5TDugTkoTZS4k9czncfEWQ.html
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Tags: computers, Have, HFT, Michael Lewis, Programmers, Replaced, Traders