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.

h/t Ross