Mar 31/14 – HFT (and exiting my CAD short)

Last night, after all the March Madness college basketball games were finished, CBS ran a 60 Minutes piece profiling Michael Lewis’ new book – Flash Boys.

Lewis’ new book centres on the problems associated with High Frequency Trading (HFT). The hero of the book is an unlikely fellow that worked at my old firm – RBC. Although he started after I left, Brad…