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 trading (HFT) firms. Throwing this aggressive barb was William...

