Why, between the dark pools and the public exchanges, were there nearly sixty different places, most of them in New Jersey, where you could buy any l… - Michael Lewis

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Why, between the dark pools and the public exchanges, were there nearly sixty different places, most of them in New Jersey, where you could buy any listed stock? Why did the public exchanges fiddle with their own pricing so often—and why did you get paid by one exchange to do exactly the same thing for which another exchange might charge you?

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About Michael Lewis

Michael Lewis (born October 15, 1960) is an American contemporary non-fiction author and financial journalist. He is currently a contributing editor to Vanity Fair.

Biography information from Wikiquote

Also Known As

Alternative Names: Michael M. Lewis Michael Monroe Lewis
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Reg NMS was intended to create equality of opportunity in the U.S. stock market. Instead it institutionalized a more pernicious inequality. A small class of insiders with the resources to create speed were now allowed to preview the market and trade on what they had seen.

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