Injustice

With his exposition of high frequency trading, Lewis sets out to shatter the lie that the stock market is fair. Lewis brings attention to the injustice perpetrated against unknowing investors by the greed of large Wall Street banks, stock market exchanges, and high frequency traders themselves. Unlike some of the characters he profiles, Lewis is not concerned with the economic ramification caused by HFT. Rather, he is outraged that this activity exists and that the general public doesn’t know about it. Investors blindly put their money into the stock market only to have portions of it siphoned off by high frequency traders. To make matters worse, the system that continually rips off investors has legal backing, which Lewis finds particularly unjust. The Regulation National Market System (Reg NMS) of 2007 demanded that stockbrokers seek out the best price for their clients, but it opened the door for high...