num_pages: 296
description: The markets have evolved at breakneck speed during the past decade and change has accelerated dramatically since 2007's disastrous regulatory reforms. An unrelenting focus on technology hyper-short-term trading speed and volume has eclipsed sanity: markets have been hijacked by high-powered interests at the expense of investors and the entire capital-raising process. A small consortium of players is making billions by skimming and scalping unaware investors -- and in so doing they've transformed our markets from the world's envy into a barren wasteland of terror. Since these events began Themis Trading's Joe Saluzzi and Sal Arnuk have offered an unwavering voice of reasoned dissent. Their small brokerage has stood up against the hijackers in every venue: their daily writings are now followed by investors regulators the media and Main Street investors worldwide. Saluzzi and Arnuk don't take prisoners! Now in Broken Markets  they explain how all this happened who did it what it means and what's coming next. You'll understand the true implications of events ranging from the crash of 1987 to the Flash Crash -- and discover what it all means to you and your future. Warning: you will get angry (if you aren't already). But you'll know exactly why you're angry who you're angry at and what needs to be done!
language: English
title: Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street Are Destroying Investor Confidence and Your Portfolio
publisher: Ft Pr