News for hackers. Stuff that matters.

A comment on Insights into High Frequency Trading from the Virtu IPO [pdf]. Parent comment

Re:Insights into High Frequency Trading from the Virtu IPO [... by MichaelGG on Thursday May 04, 2017 @06:03PM (#14269267)
Any reading of Flash Boys needs to be accompanied by Flash Boys: Not So Fast. Or just a really critical eye. Flash Boys is beyond bizarre in the silly things it implies (like some major manager's trading PC is hacked or something, but somehow that's fixed with IEX). Or how they lament some guy can't buy huge amounts of stock without moving the price. It's a nonsensical book.
[ Parent | on HN ]
Re:Insights into High Frequency Trading from the Virtu IPO [... by SEJeff on Thursday May 04, 2017 @06:11PM (#14269321)
Also fun fact for you. Flash Boys: Not So Fast, was written by Peter Kovac. I used to work with Peter @ Madison Tyler (which merged with and became Virtu ~5-6 years ago). He's literally right on with his assessment.

I should have mentioned that, excellent point.

[ Parent | on HN ]