13. Call to Action

Get ready, Mark. That incredible company you’ve been nurturing since Harvard is about to become one of the biggest casino chips on Wall Street.

After trading in “private markets” among only sophisticated investors, Mark Zuckerberg’s Facebook plans to go public in one of the largest and highest profile events on Wall Street decades. We recently penned an open letter to the young CEO on our firm’s blog about who is likely to dominate the trading of his firm’s stock:

You may be thinking that regardless which exchange you pick, your stock will help investors create wealth by investing in your company for the long term. Ever hear of rebate arbitrage? Latency arbitrage? Colocation? Private data feeds? Actionable IOIs or dark pools? ...

Get Broken Markets: How High Frequency Trading and Predatory Practices on Wall Street are Destroying Investor Confidence and Your Portfolio now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.