The Wolf hunters of wall st

[SpecOps]

I just read an amazing piece by Michael Lewis, adapted from his book http://www.nytimes.com/2014/04/06/magazine/flash-boys-michael-lewis.html?hp&_r=2

 

I never properly understood what went on with the exchanges and HFT but this article does a brilliant job of explaining it in an entertaining way and I wanted to share it.

 

It talks about the guys that set up the IEX - investors exchange, I hadn't come across it before but it sounds like a great step forward for investors