Flash Boys - Chapter 7 Summary & Analysis

Michael Lewis
This Study Guide consists of approximately 38 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of Flash Boys.
This section contains 918 words
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Summary

In Chapter 7, the team at IEX obtains another Wall Street type with moral convictions, Zoran Perkov. Through the crisis of 9/11, Zoran realized that he had a knack for maintaining composure in moments of crisis. He also learned that he genuinely cared for the well being of others. He found that he was able to utilize both of these aspects of his character when working as a technologist at IEX. He was given the task of running the exchange. Zoran entered the scene at a period of instability in the marketplace. In 2013, the percentage of U.S. households that participated in the stock market had dipped to 52 percent, a drop of 11 percent from 2010. Wall Street companies were plagued with “technical glitches” that cost them millions of dollars. Stock exchanges were paying to have their fiber-optic lines enlarged for thousands of dollars so they could trade...

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This section contains 918 words
(approx. 3 pages at 400 words per page)
Buy the Flash Boys Study Guide
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Flash Boys from BookRags. (c)2016 BookRags, Inc. All rights reserved.
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