The non-fiction book, which was acquired by Sony Pictures in April, follows a group of stock brokers, who discovered that their high-frequency trading could be used to rig the stock market. The group included former Goldman Sachs programmer Sergey Aleynikov and Brad Katsuyama, the founder of Investor's Exchange (IEX). The book was published on March 31, and became an overnight best-seller.
Scott Rudin and Eli Bush are producing for Sony Pictures. The producers have previously collaborated with Aaron Sorkin on The Social Network, his HBO TV series The Newsroom and their upcoming Steve Jobs biopic, which Danny Boyle is directing.
Michael Lewis also wrote the popular books The Blind Side and Moneyball, which were adapted into hit movies, both of which were nominated for Best Picture, along with The Social Network. He also has another adaptation entitled The Big Short in development at Paramount Pictures, which has Adam McKay attached to direct.