Tag Archives: Stock Market Is Rigged

Stock Market Is Rigged, Explains Michael Lewis On ’60 Minutes’

Stock Market Is Rigged, Explains Michael Lewis On ’60 Minutes’

https://youtu.be/lVgSF8CzSy4

The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you’ve just ordered, order it first, then raise the price before your order is complete.
And according to Michael Lewis, author of a new book about high-frequency trading called “Flash Boys,” this form of “front running” is completely legal.
“The insiders are able to move faster than you,” Lewis said on “60 Minutes” on Sunday night…* The Young Turks host Cenk Uygur breaks it down.
*Read more here from Ed Mazza at The Huffington Post: http://www.huffingtonpost.com/2014/03…

The Market Is Rigged 60 Minutes

The Market Is Rigged 60 Minutes
http://agreenroad.blogspot.com/2015/05/stock-market-is-rigged-explains-michael.html