Quantitative Trading A HFT primer


Quantitative primer HFT Trading A


Once in a while, a book about trading written for the general public contains some useful nuggets even for professionals. The Quants, by WSJ reporter Scott Patterson, is another. (Hat tip to my partner Steve for telling me about it.)What is the most important take-away in The Quants. An algorithm is a specific set of clearly defined instructions aimed to carry out a task or process.Algorithmic trading (automated trading, black-box trading, or simply algo-trading) is the process of using computers programmed to follow a defined set of instructions for placing a trade in order to generate profits at a speed and frequency that is impossible for a human trader.

The defined sets of rules are based on timing, price, quantity or any mathematical model. The recent trading spike in our national exchanges was duly noted as a short-circuit waiting to happen and drew immediate industry criticism of auto-trading robots. Before a witch-hunt ensues, perhaps a review of the common HFT strategies in stocks and Forex is in order.High-frequency firms employ a wide variety of low-margin trading strategies that are implemented by professional market intermediaries who have invested heavily in technology.

These firms claim that they make markets more efficient by enhancing liquidity and transparent price discovery to the benefit of investors. This book explores the problem of high frequency trading (HFT) as well as the need for US stock market reform. This collection of previously published and unpublished materials includes the following articles Quantitative Trading A HFT primer white papers: 1. The -Q- Trade bootcamps is practical, interactive, business oriented and with an optimal balance between.




Quantitative Trading A HFT primer

Quantitative Trading A HFT primer

Quantitative Trading A HFT primer



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