Detailansicht
The High Frequency Game Changer
How Automated Trading Strategies Have Revolutionized the Markets, Wiley Trading Series
ISBN/EAN: 9780470770382
Umbreit-Nr.: 7775437
Sprache:
Englisch
Umfang: 176 S.
Format in cm:
Einband:
gebundenes Buch
Erschienen am 12.04.2011
Auflage: 1/2011
- Zusatztext
- The financial industry's leading independent research firm's forward-looking assessment into high frequency trading Once regarded as a United States-focused trend, today, high frequency trading is gaining momentum around the world. Yet, while high frequency trading continues to be one of the hottest trends in the markets, due to the highly proprietary nature of the computer transactions, financial firms and institutions have made very little available in terms of information or "how-to" techniques. That's all changed with The High Frequency Game Changer: How Automated Trading Strategies Have Revolutionized the Markets. In the book, Zubulake and Lee present an overview of how high frequency trading is changing the face of the market. The book * Explains how we got here and what it means to traders and investors * Details how to build a high frequency trading firm, including the relevant tools, strategies, and trading talent * Defines key components common to HFT such as algorithms, low latency trading infrastructure, collocation etc. The High Frequency Game Changer takes a highly controversial and extremely complicated subject and makes it accessible to anyone with an interest or stake in financial markets.
- Kurztext
- Changing the face of the marketplace Today, trades are electronic, fast, complex, mathematically generated, and, at times, controversial. The High-Frequency Game Changer tells how high-frequency trading--automated, computerized trading--is changing the stock market, andwhat it really means to investors and traders. The authors illustrate how to builda high-frequency trading system and trading team and detail how a firm can acquire the relevant tools, components, and trading talent to build a high-frequency desk. They explain the trading infrastructure, the different venues for traders, and provide examples of algorithms, as well as offering an intriguing look at what to expect in the future, including upcoming trends in technology and the future convergence of asset classes. Highfrequency trading is now part of the mainstream lore of the financial markets. With this book as your guide, you'll be able to compete in the ongoing trading technology arms race and learn the secrets to finding the next generation of technology solutions.
- Autorenportrait
- PAUL ZUBULAKE is a senior analyst at Aite Group, LLC, specializing in financial, energy and commodities futures, and options markets. His expertise includes how the application of technology, such as algorithmic trading and FIX protocol, is playing an ever-increasing role in futures and options trading. SANG LEE is a cofounder of Aite Group, LLC and currently serves as the managing partner. Mr. Lee's expertise lies in the securities and investments vertical and has advised many global financial institutions, software/hardware vendors, and professional services firms in sell-side and buy-side electronic trading technology and market structure. Lee and Zubulake have both been quoted extensively in the media, including in the Wall Street Journal, New York Times, the Washington Post, Financial Times, Business Week, Reuters, the Chicago Tribune, and other publications.