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Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor Confidence and Your Portfolio (paperback)

Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor Confidence and Your Portfolio (paperback)

Product Code(SKU): 0133993507

Product weight: 0.75 Pounds

Price: $39.99

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The markets have evolved at breakneck speed during the past decade, and change has accelerated dramatically since 2007 s disastrous regulatory "reforms." An unrelenting focus on technology, hyper-short-term trading, speed, and volume has eclipsed sanity: markets have been hijacked by high-powered interests at the expense of investors and the entire capital-raising process. A small consortium of players is making billions by skimming and scalping unaware investors -- and, in so doing, they ve transformed our markets from the world s envy into a barren wasteland of terror.

 

Since these events began, Themis Trading s Joe Saluzzi and Sal Arnuk have offered an unwavering voice of reasoned dissent. Their small brokerage has stood up against the hijackers in every venue: their daily writings are now followed by investors, regulators, the media, and "Main Street" investors worldwide. Saluzzi and Arnuk don t take prisoners! Now, in Broken Markets, they explain how all this happened, who did it, what it means, and what s coming next. You ll understand the true implications of events ranging from the crash of 1987 to the "Flash Crash" -- and discover what it all means to you and your future. Warning: you will get angry (if you aren t already). But you ll know exactly why you re angry, who you re angry at, and what needs to be done!

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