Investment management magnate Cliff Asness has a problem with a Bloomberg View piece on High Frequency Trading (HFT) with particular focus on issues brought up by Michael Lewis in the book Flash Boys. While he makes good points, the real mastery of the HFT debate is how the key issues remain undiscussed.
![As Asness Proclaims His Love For High Speed Trading, Are Issues Ignored? As Asness Proclaims His Love For High Speed Trading, Are Issues Ignored?](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
Cliff Asness notes trading costs have significantly declined
In his rebuttal article, Why...
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