[azmenthe]

Agreed, as someone who worked in HFT and thus has a positive bias towards it, I found Dark Pools to be an extremely informative and factual historical account of the industry even if the author's opinions disagree with mine.

Flash Boys however I can't even get through because the author backs an extremist negative position with completely incorrect facts. I fill with seething rage every time I realize how much more public exposure Flash Boys gets.

[kasey_junk]

I wouldn't say he backs an extremist negative position. In fact, if you read carefully, he is quite adamant in his assertion that HFT is great. As long as it is in the service of large buy side institutions he has no problem with it. If on the other hand, HFT firms dare to upend the relationship with traditional ibanks, then he gets upset.