(The construction of the line was dramatized in the 2018 film The Hummingbird Project.) The first chapter tells the story of a $300 million project from Spread Networks that was underway in mid-2009-the construction of an 827-mile (1,331 km) fiber-optic cable that cuts straight through mountains and rivers from Chicago to New Jersey-with the sole goal of reducing the transmission time for data from 17 to 13 milliseconds. The introduction begins by naming Aleynikov and describing his arrest, along with the author's personal history on Wall Street, as the impetus for writing the book. Sergey Aleynikov, a former programmer for Goldman Sachs, serves as a secondary focus.
Synopsis įlash Boys maintains a primary focus on Brad Katsuyama and other central figures in the genesis and early days of IEX, the Investors' Exchange. stock market from "the world's most public, most democratic, financial market" into a "rigged" market. He goes further to suggest that broad technological changes and unethical trading practices have transformed the U.S. Lewis concludes that HFT is used as a method to front run orders placed by investors. The book is a non-fiction investigation into the phenomenon of high-frequency trading (HFT) in the US financial market, with the author interviewing and collecting the experiences of several individuals working on Wall Street. Flash Boys: A Wall Street Revolt is a book by the American writer Michael Lewis, published by W.
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