A Father Of High-Speed Trading Thinks We Should Slow Down
A must listen to interview on HFT Trading by one of the “fathers” of HFT. From Planet Money.
Thomas Peterffy’s life story includes a typing robot, a proto-iPad, and a vast fortune he amassed as one of the first guys to use computers in financial markets.
On today’s show, Peterffy tells us his story — and he explains why he’s worried about the financial world he helped create.
We learned of Peterffy’s story from the forthcoming bookAutomate This.
Full interview here.