Market Overview

Mark Cuban Critical of CNBC's Interview of Manoj Narang

Mark Cuban has been tweeting up a storm following CNBC's interview with Manoj Narang, founder and CEO of Tradeworx, a high-frequency trading company.

Cuban told Scott Wapner the segment was “not his best interview,” and also pointed out Narang, who referred people the the SEC website, also wrote the software the SEC uses.

Cuban himself was interviewed by CNBC on Monday. Needless to say, he is not a fan of high-frequency trading.

Front-running and scalping are not the biggest problem related to high frequency trading -- flash crashes are, Cuban tweeted on Tuesday.

High-frequency trading has been under the microscope after 60 Minutes did a segment the release of Michael Lewis' new book, Flash Boys.

Posted-In: Mark Cuban Mnjoj Narang Scott WapnerCNBC Fast Money Media

 

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