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The Market Is Rigged

PostPosted: Mon Mar 31, 2014 9:04 am
by Copper Catcher
The Market Is Rigged" Michael Lewis Explains How HFTs "Screw" Investors Every Day

http://www.youtube.com/watch?v=BweADB78tBY

http://www.zerohedge.com/news/2014-03-3 ... -every-day

Re: The Market Is Rigged

PostPosted: Mon Mar 31, 2014 7:57 pm
by plus1hdcp
If that is what I saw on 60 minutes, it is a shame that it "legal". I thought that was an interesting story and the guy who uncovered the scheme was incredibly attentive to his surroundings. It also looks as if his exchange, IEX, will have a chance of success as the bigger players continue to add support.