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For someone who knows next to nothing about trading, but has read "Flash Boys", any other recommended books on the topic?
by mrbill 11y ago
For someone who knows next to nothing about trading, but has read "Flash Boys", any other recommended books on the topic?
- tptacek 11y agoYes: read "Flash Boys: Not So Fast", a very readable and very technical takedown of "Flash Boys", which is a terrible, incoherent book --- without a doubt Lewis' worst. For a better version of "Flash Boys", read "Dark Pools"; Dark Pools also takes a gimlet look at high-speed trading, but also does a great job of documenting the birth of the NASDAQ ECNs and the transition from the early-90s centralized markets to modern, decentralized, electronic trading. If you want to get into the technical detail, the best book is still Larry Harris' _Trading and Exchanges_; it is almost exactly the "TCP/IP Illustrated" of trading.
- TheNanex 11y ago"Flash Boys: Not So Fast" is an absolute joke, and this is known by everyone on Wall Street with a functioning brain (I'm guessing you know this too). Your name is all over this thread like a dirty hand on a white linen dress. Trolling. You've poisoned any chance of a reasonable discussion. If anyone wants their questions on this asked, I'm @nanexllc on twitter. Nanex out..
- tptacek 11y agoI don't believe you're going to persuade anyone here with appeals to your own authority; you are not the only person on the thread with experience with this subject. I know less about market structure than any of the many commenters here that navigate it for a living, but I've had enough exposure to know that you haven't made a coherent argument yet. I'm sure you have one in you!
- deleted 11y ago[deleted]