Dark Pools in the Firing Line

Sometimes the right spark, delivered at just the right time, can ignite a firestorm. For high-frequency trading (HFT), that spark came with the release of Michael Lewis’ Flash Boys, which hit bookstores at the end of March of this year. Whether a trader, vendor, portfolio manager, politician, retail investor, journalist, exchange operator or just a fan of Lewis’ prose, it seemed everyone had an opinion on the evils or necessities of HFT. For whatever reason, that book has served as a tipping

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