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#396: A Father Of High-Speed Trading Thinks We Should Slow Down

#396: A Father Of High-Speed Trading Thinks We Should Slow Down

Planet Money vor 13 Jahren

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Thomas Peterffy's life story includes a typing robot, a proto-iPad, and a vast fortune he amassed as one of the first guys to use computers in financial markets.On today's show, Peterffy tells us his story — and he explains why he's worried about the financial world he helped create.Also on the show: We talk with Simone Foxman of Quartz about high-speed traders paying to get a key financial indicator two seconds before everybody else.