Must read story: Fast money: the battle against the high frequency traders
(by Andrew Smith in The Guardian)
The Guardian breaks the story (2:30pm EDT): US Stock Exchanges Face Lawsuit Over High-Frequency Trading.
Eamon Javers at CNBC reports (6pm): Class-action suit filed against 13 exchanges over HFT.
Nice review by Pam MartensThe South Rises Up to Take on Wall Street and High Frequency Trading.
More about the "Hunsader Torpedo".
Download the lawsuit.
Flash Boys signed by Michael Lewis the author and Mike Lewis the attorney that slayed Big Tobacco:
