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The cover of Flash Boys, by Michael Lewis, examines the impact of high-frequency trading.
The cover of Flash Boys, by Michael Lewis, examines the impact of high-frequency trading.
(PATRICIAL WALL/NYT)

Gloves come off in TV faceoff over high-frequency trading

Last week, we told you that Brad Katsuyama, formerly a trader at Royal Bank of Canada, was about to become a celebrity. Now it’s official.

Earlier today, Mr. Katsuyama was at the centre of a heated panel discussion on CNBC where he took on William O’Brien, president of BATS Global Markets, over the impact of high-frequency trading.