Since Michael Lewis wrote the book Flash Boys much has been theoretically discussed about how markets are “rigged,” but there has yet to be concrete, documented evidence detailed with great specificity. That is until now.
Eric Hunsader provoking regulators and Congress over HFT
High frequency trading (HFT) research analyst Eric Hunsader, trying to provoke regulators and Congress into action through his biting criticism, today released a study that confirms the questionable behaviors Michael Lewis outlined are alive and well as you read this article.
After reviewing the documentation last night, Lewis told Hunsader his research was "just beautifully done. Clean, simple, irrefutable,” Lewis reportedly said....
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