Book Tip No. 15 (2015): Michael Lewis, Flash Boys: Revolt on Wall Street

Frankfurt a.M. 2014.

Just released in the USA, this book is already available in German: a highly topical and extremely exciting report about an obsessed team that wants to fight high-frequency trading and its unfair practices on Wall Street from the inside. Written like a crime novel (it’s about criminal machinations) by an economic journalist, Michael Lewis provides insights into the career of some insiders who join forces to challenge Flash Traders and to shed light on the Dark Pools of the big banks. They found the iEX as an alternative trading venue – it remains to be seen whether we will be talking about a huge success story in five years.