Flash Boys

Because the continued existence and thriving of community banking is a policy goal, regulations or competitive measures which would disfavor them versus the large banks and other financial players are actively undermined.

Currency trading today is largely concentrated in the hands of about a dozen major global financial firms, such as UBS, Deutsche Bank, Citibank, JPMorgan Chase, Barclays, Goldman Sachs, and Royal Bank of Scotland, to name just a few. Hundreds of other international banks and financial institutions trade alongside the top banks, and all contribute l

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In Hong Kong, Sam and his small team began to pitch the billionaire founders of existing exchanges on the idea of paying Alameda Research (Gary) to create a crypto exchange, different in important ways from any that existed. Alameda would supply the technology; the existing exchanges would supply the customers, and the trust.…

Some highlights have b

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