After some initial mystery leading up to publication, Michael Lewis’s new book Flash Boys is here and its subject is high-speed trading (sometimes called “high-frequency trading) that uses supercomputers and complex trading algorithms to attempt to generate profits through brute force. Lewis has become the most popular writer on Wall Street, giving readers a look behind closed doors. The Times has an excerpt of Flash Boys, while Bloomberg has more detail.
This weekend is the last chance to visit the International Antiquarian Book Fair in Boston. Included are a collection of Bonnie and Clyde photos and an illustrated letter from Alexander Graham Bell to his parents describing problems with his phone invention.