Overall it is a very thoughtful book. Neural and comprehensive. Only dissatisfaction is that the author always put the machine at the opposite side of human being. But in the end, human being develop the algorithm and code the machine. Since there is no truly AI be ache curved so far, the high frequency trading is really just an intensive game between mortals.
Say something about yourself!
If you read Michael Lewis' "Flash Boys" you were introduced to the high frequency trading world. But that book left out a lot of the details and covered none of the history. This book will explain how the current, computer driven stock market came from and fill in the details on how it works. Fascinating and dangerous.
Very informative book and definitely a book you have to listen 2 more than once. I just wanted him to discuss the different types of orders and how are they looked that in the process. I feel like he touched on the subject but I would have like more info on routing and order types.
This didn't really seem to have an ending. It just sort of stopped. The author was overly fond of some phrases - he would use the same phrasing again and again throughout the book, giving it a repetitive feel. I did learn a lot and the author managed to make a very dense, complicated subject understandable, hence the rating I did give.
It was worth listening to once, but never again.
required reading for stock market professionals - illuminating perspective and insights on a quiet and misunderstood revolution in the underlying framework of how stock markets behave and work
The author didn't correctly depict the charges and arrest of the programmer from Goldman Sachs, as I listened I made the assumption he doesn't know what he is talking about. He also made a reference to a" Lamborghini Testerossa" last I checked those cars are made by Ferrari.
The narrator was Good.
The description of the details and intent of the Goldman programmer that was arrested.