Trading Machines, Order Types, and Haim Bodek

13

August, 2012

There are a few really good books out this summer that detail how complicated and distorted our market’s plumbing has become. I suppose we won’t blame you if you haven’t picked up and read Broken Markets yet – after all I am pretty sure our own spouses have not read it. But please do yourselves a favor and read Scott Patterson’s Dark Pools.

Dark Pools in one part details the story of a firm called Trading Machines, run by a gentleman named Haim Bodek. Mr. Bodek discovered what it was like

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