‘Flash Boys’ Rankles Europe Less in Market-Fairness Survey
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The “Flash Boys” effect is more muted in Europe.
Michael Lewis’s book on high-frequency trading provoked an uproar on Wall Street about market fairness and resonated with more than two-thirds of U.S. financial-industry participants. In Europe, however, the skeptics are fewer and their disbelief in the system less intense, a ConvergEx Group LLC survey found.