BROKEN MARKETS A Review

Wonder where the confidence went? Look no farther than Broken Markets. While it is a difficult subject, the authors have done well in explaining high frequency trading better than anyone else I've encountered.

Market melt-ups on low volume days? I've wondered and now I know. HFTs enter the market and freely trade between themselves driving prices higher.

Wonder why the retail investor is no longer investing? They will tell you and in a way that makes sense.

Yes, some of the material has been seen and/or written before, but this puts everything into one well-written book that may serve to depress rather than inspire you.

You will wonder where the SEC is and why they are not investigating. Where does all that money go? Eventually you will wonder, what is money anyway? Just paper? Or is it confidence in our country?

How fast does data travel? When the HFT traders have computers sitting next to Nasdaq computers we're talking nanoseconds. MUCH faster than what you and I receive. Wonder why the market jumps or lowers before you even hear the news? That's why.

Sal Arnuk and Joseph Saluzzi are well-versed in stock market jargon and they should be--both of them come from an equity trading background.

I would recommend BROKEN MARKETS for every American interested in how our stock market has changed. I found it informative, challenging, yet easy to read.

Kudos to the authors.

To purchase Broken Markets click here.

Disclaimer: Advanced Reader's Copy

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