Father of High-Frequency Trading Advocates Slow Down

NPR’s Planet Money recent re-aired the story of Thomas Peterffy, a financial innovator that helped chang how (fast) stock trading occurs.  Here is a description of the story:

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.