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Helpful votes received on reviews: 48% (16 of 33)
 

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Top Reviewer Ranking: 613,319 - Total Helpful Votes: 16 of 33
Flash Boys by Michael Lewis
Flash Boys by Michael Lewis
10 of 11 people found the following review helpful
Michael Lewis is trying to explain the inner workings of the stock markets to a broad audience. If you are a finance professional, the book lacks the kind of detail that would make it really satisfying. There is a much bigger story here than just the IEX founders and a lot of other characters and institutions are glossed over very lightly. The exchanges in particular and the regulators that created the rules of engagement hardly seem to bear any responsibility for the chaotic market structure that ensued. Where is any mention of the Fed and their view of financial deregulation and its effect on the banks? Why don't we hear more about who the HF traders actually are? The footnote on Citadel… Read more

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