The reputation of high-frequency trading has suffered a comprehensive mauling of late, particularly in the US. The publication of the book Flash Boys: A Wall Street Revolt by Michael Lewis concentrated the minds of regulators and prompted both angry retorts and a strong sense of soul searching within the industry itself. Whether the book was a fair representation of the industry is still open to debate, but there is now far more awareness on both sides of the Atlantic about the world of HFT.
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