Republished from: “Forbes”
Michael Lewis Is Entirely Wrong About High Frequency Trading Hitting The Little Guy
It appears that Michael Lewis has a new book out today, on in which he talks about high frequency trading on the stock market. And he makes the claim that this practice in some way takes money from the little guy to give to the capitalist profiteers running those HFT systems. No, I’m sorry but this will not do. The effect on the small …