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Fintech Focus For December 29, 2020
Monday, December 28, 2020 - 6:26pm | 1852Quote To Start The Day: “[T]his has actually been a phenomenal year for fixed income, and yields have plummeted, which is not all that phenomenal. But it has led to phenomenal returns for investors. But with yields now really at these very, very low levels across the curves and across the...
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Vanderbilt Study: High-Frequency 'Phantom Liquidity' Is Not Hurting Retail Traders
Friday, July 29, 2016 - 11:25am | 414A new study by Vanderbilt University Assistant Professor Jesse Blocher has seemingly debunked the myth that high-frequency traders (HFTs) are systematically setting pricing traps to lure retail traders. HFTs are the primary topic of Michael Lewis’ best-selling book “Flash Boys,”...
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The SEC Could End This 9-Month Battle In An Upcoming Ruling
Thursday, June 9, 2016 - 8:54am | 448IEX Group is a stock trading venue that gained the national spotlight following Michael Lewis' book "Flash Boys." IEX is a dark pool, or an alternative trading system, based in the United States. The trading venue is unique in the sense that the computer equipment that handles trading is located in...
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Michael Lewis: The Book That Will Save Banking From Itself
Thursday, May 5, 2016 - 2:26pm | 415Michael Lewis is perhaps most well-known for authoring the best-seller "Flash Boys: A Wall Street Revolt" and "Moneyball: The Art Of Winning An Unfair Game," among others. On Thursday, he penned an article on Bloomberg, in which he discussed one of his favorite memories from his professional career...
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Why Felix Salmon Doesn't Like 'Flash Boys'
Wednesday, November 19, 2014 - 10:52am | 421“Flash Boys” author Michael Lewis is one of Felix Salmon’s favorite writers. “He is the best writer of nonfiction financial journalism in the world,” he said. “There’s really no doubt about that.” Salmon is a senior editor at Fusion, former...
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Greenwich Associates' Kevin McPartland Talks Market Structure, Growing Demand For Research
Friday, June 13, 2014 - 1:28pm | 909Kevin McPartland leads Greenwich Associates' market structure and technology practice. McPartland, a former director of BlackRock's Electronic Trading and Market Structure group, has nearly 15 years of capital markets industry experience with expertise in OTC derivatives and financial...
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Barron's Recap: The New Indexing
Sunday, April 6, 2014 - 6:08pm | 831This weekend in Barron's online: alternative indexing, the quarterly report on mutual funds, as well as the prospects for Hewlett-Packard, B/E Aerospace, Rio Bravo Restaurant and more. Cover Story "Beyond Bogle: The New Indexing" by Reshma Kapadia. This week's cover story in Barron's remarks...
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Defending The Indefensible: Flash Trading Helped Save the Stock Market
Tuesday, April 1, 2014 - 4:01pm | 1077In his latest book, Flash Boys, Michael Lewis contends the stock market is "rigged" in favor of institutional investors who buy and sell securities rapidly with computer programs, booking loads of tiny profits. This is at the expense of the individual investor, Lewis claims. Actually, it is the...
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Jim Cramer Outlines How To Beat The 'Flash Boys'
Tuesday, April 1, 2014 - 2:28pm | 522When it comes to the notion of a stock market rigged by high-frequency traders, aka the so-called “Flash Boys,” CNBC’s Jim Cramer suggested his own version of fighting fire with fire. The way to win, Cramer said, is to do basic homework. Cramer doesn’t dispute author Michael Lewis’ allegations...
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Michael Lewis' New Book: The Stock Market Is Rigged
Friday, March 28, 2014 - 3:00pm | 289Best-selling financial journalist Michael Lewis thinks that the U.S. stock market is rigged in favor of high frequency traders, stock exchanges and large Wall Street banks who utilize speed trading to gain an edge over everyone else. In his newest book Flash Boys: A Wall Street Revolt, Lewis...