Monday, June 11, 2012

Share Your Tale About "Broken Markets"

I have been waiting for the arrival of my copies of "Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street are Destroying Investor Confidence and Your Portfolio" and I can say the wait was well worth it:
I have finished the book and all I can say is this is a must read for anyone that wants to see the end result of regulatory capture, technology, and greed all blended into one.

I was fortunate to have been at the Big Picture Conference last October when co-author Sal Arnuk gave a presentation. I was blown away then and the book more deeply covers the ins and outs of high frequency trading and the lengths to which the practitioners go to to fleece money out of the market.

Any book I recommend here not only gets my absolute approval, but I also give some away. If you would like a free copy of "Broken Markets" here is how it works:

-Email me your own personal story about the May 2010 'Flash Crash'. Be as specific as possible as far as prices and market operations (no need to discuss position size, dollar amounts, etc)

-Email me any observations you have seen looking at orders and fills that can be attributed to HFT quote games.

The best two submissions will be reposted in a blog and I will get back to you for a mailing address.

That's all, free books!

Congratulations to both Sal Arnuk and Joe Saluzzi of Themis Trading.

Have a good night.

5 comments:

The Sovereign Bohemian said...

I've been hanging low, Happy Father's Day.

It's the only "man" holiday.

Hope your new job is going good.

SovBo

EconomicDisconnect said...

Thanks Sov! Hope you are well sir.

Patrick said...

Thanks Sov! Hope you are well sir.

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