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Flash Boys

byMichael Lewis

Michael Lewis investigates the transformation of U.S. stock trading into a high-speed electronic system whose rules and advantages were largely invisible to ordinary investors. He follows a group of traders and technologists who concluded that faster firms could detect and exploit incoming orders before they were completed. Their response was to build a new exchange designed around fairness rather than speed. Through reporting and character-driven narrative, Lewis explains fiber-optic routes, order types, dark pools, and market incentives, turning technical infrastructure into a story about information, trust, and who modern markets are built to serve.

Publisher

W.W. Norton & Company

Publication date

2014

Format

Print edition

Pages

320

ISBN

9780141978147