moving sign


***************************************************************

DN Speak has moved.


Click here to go to DN Speak 2016 for new posts.


***************************************************************


































































Featured: Interviews for the Well-Informed

Featured: Interviews for the Well-Informed

Did you know? After the last post on this page is a link to "Older posts".

Tuesday, April 1, 2014

Stock Market Is Rigged, Explains Michael Lewis On '60 Minutes'

*The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you've just ordered, order it first, then raise the price before your order is complete.

And according to Michael Lewis, author of a new book about high-frequency trading called "Flash Boys," this form of "front running" is completely legal.

"The insiders are able to move faster than you," Lewis said on "60 Minutes" on Sunday night...* The Young Turks host Cenk Uygur breaks it down.

http://youtu.be/lVgSF8CzSy4

No comments:

Post a Comment








Click Older Posts above to see more.





Search this blog