The Hummingbird Project review: Odd couple turn the main attraction

Vince Saleski, a Wall Street hustler, and his cousin Anton, an electronic engineer with a touch of genius, are trying to raise money for running a fiber optic cable straight from Kansas to New Jersey. They’re trying to set it up without the knowledge of Anton’s boss, Eva Torres, played by an unnervingly driven and all-knowing Salma Hayek. >>> Read the full article @ Sydney Morning Herald

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A billionaire trading pioneer is switching his company’s listing to a new stock market

The billionaire founder of Interactive Brokers is switching his company’s stock from the Nasdaq to IEX, making it the upstart exchange’s first listing. IEX shot to fame in Michael Lewis’s book Flash Boys, which dramatized the exchange’s team — led by founder Brad Katsuyama — as crusaders against the High-Frequency Traders. >>> Read the full article @ Quartz

In Defense of High Frequency Trading

In Michael Lewis’ book Flash Boys, High-Frequency Trading is the evil man, Katsuyama’s mutual fund clients are the righteous and the weak, and Katsuyama’s new exchange is the shepherd that protects the righteous from the evil. Spell-binding this may be but true it is not. >>> Read the full article @ The Harvard Crimson

High-Frequency Trading Marks High Water of Financial Corruption

When Lewis’ book first came out, a hew and cry welled up in the financial media in defense of HFT, the normal instinct of industry participants to protect their industry from the attacks of the liberal media and others. But after a week or so, those protests gave way to industry participants who realized the enormous damage that HFT has done to the integrity of the industry. >>> Read the full article @ Huffington Post

9 Gripes From a Leading High-Frequency Trader About Michael Lewis’s ‘One-Sided’ Book

It’s not a shock that Mark Gorton isn’t a fan of Michael Lewis’s latest financial book, Flash Boys. After all, in Flash Boys, Lewis takes aim at the world of Wall Street’s high-frequency traders, and Gorton — the managing director of Tower Research Capital — makes his living running a high-frequency trading firm. >>> Read the full article @ Intelligencer