Exclusive - Michael Lewis Interview

Exclusive - Michael Lewis Extended Interview: "Flash Boys" author Michael Lewis discusses how an unlikely group of Wall Street heroes mapped the hidden manipulation of the market and created IEX, a stock exchange with investors' rights in mind.

Online Reviews

Wall Street Journal: Or, God forbid, that they are not nearly so harmful to investors' returns as Mr. Lewis makes out.

New York Times: When it comes to narrative skill, a reporter’s curiosity and an uncanny instinct for the pulse of the zeitgeist, Lewis is a triple threat, as he’s demonstrated in best-­selling books like “The Big Short” and “Moneyball.”

Amazon (Purchase): That it is written in Michael Lewis' entertaining and understandable style will make it a widely read book as well. Lewis does an excellent job of explaining how high frequency stock traders are highway robbers using high tech methods.

Flash Boys: A Wall Street Revolt

Flash Boys by Michael Lewis examines the world of High Frequency Trading (HFT) and modern Wall Street banks. In the past few years small HFT firms have emerged in New York that make money by processing several transactions per day. They rely on their computers placed very close to the exchange computer in Hoboken, New Jersey. The close proximity to the exchange allows them to receive information faster than that of large Wall Street banks, thus they can profit greatly on the trades of everyday investors. This trend has shown that the speed of data has become an extremely valuable commodity on Wall Street.