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on April 04 2014 09:36:42
Well worth the long read. I'll buy the book. |
on April 04 2014 09:46:38
That isn't the whole book? |
on April 04 2014 11:13:04
Nope, that is just a well worded adaptation.
I can't wait for the movie The author is the same who wrote the Moneyball book, so hoping that the screenplay will be made by the same who gave Moneyball the treatment - Sorkin!
Thinking about this scene in particular:
"Installed in Carlin’s offices, RBC’s people in New York were soon gathered to hear a state-of-the-financial-markets address given by Frommer. He stood in front of a flat-panel computer monitor that hung on his wall. “He gets up and says the markets are now all about speed,” Katsuyama says. “And then he says, ‘I’m going to show you how fast our system is.’ He had this guy next to him with a computer keyboard. He said to him, ‘Enter an order!’ And the guy hit Enter. And the order appeared on the screen so everyone could see it. And Frommer goes: ‘See! See how fast that was!!!’ ” All the guy did was type the name of a stock on a keyboard, and the name was displayed on the screen, the way a letter, once typed, appears on a computer screen. “Then he goes, ‘Do it again!’ And the guy hits the Enter button on the keyboard again. And everyone nods. It was 5 in the afternoon. The market wasn’t open; nothing was happening. But he was like, ‘Oh, my God, it’s happening in real time!’ ”
Katsuyama couldn’t believe it. He thought: The guy who just sold us our new electronic-trading platform either does not know that his display of technical virtuosity is absurd or, worse, he thinks we don’t know." |
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