After finishing an eight round heavyweight fight from CNBC’s Manhattan studios, author Michael Lewis must be wondering what type of hornets’ nest he stepped into with his book Flash Boys. Flash Boys: The great debate “Shame on you” emotional attack punctuates stakes “Shame on both of you for accusing literally thousands of [HFT related] people and scaring millions of investors in an effort to promote a business model,” was the verbal flame ball that first greeted Lewis and IEX Exchange founder Brad Katsuyama, a hero in Flash Boys for creating an exchange that provides no special advantages to high frequency…
Flash Boys Fight On CNBC Reveals Emotions Behind High Stakes Battle
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.