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>> MICHAEL LEWIS Latest News

APR 01, 2014 - Zero Hedge

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Did Cliff Asness Just Blame Zero Hedge For Starting The Anti-HFT Movement?

Five years ago, we were the first to bring the world's attention to the staggering profitability of several firms that engaged in 'high frequency' trading that presented themselves as 'liquidity providers' and suggested (in our ever so humble way) that mark liquidity was in fact shrinking and this could lead to a 'black swan of black swans' long before the flash crash was even dreamed of. Fast forwarding to today, after hundreds of articles, not only is the mainstream "getting it" but such behemoths as Cliff Asness - who happens to run one of the ... Read More

Tags: Did Cliff Asness Just Blame Zero Hedge For Starting The Anti-HFT Movement?,  Michael Lewis Latest News