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Download The High Frequency Game Changer: How Automated Trading Strategies Have Revolutionized the Markets epub

by Sang Lee,Paul Zubulake




The financial industry's leading independent research firm'sforward-looking assessment into high frequency trading

Once regarded as a United States-focused trend, today, highfrequency trading is gaining momentum around the world. Yet, whilehigh frequency trading continues to be one of the hottest trends inthe markets, due to the highly proprietary nature of the computertransactions, financial firms and institutions have made verylittle available in terms of information or "how-to" techniques.That's all changed with The High Frequency Game Changer: HowAutomated Trading Strategies Have Revolutionized the Markets.In the book, Zubulake and Lee present an overview of how highfrequency trading is changing the face of the market. Thebook

Explains how we got here and what it means to traders andinvestorsDetails how to build a high frequency trading firm, includingthe relevant tools, strategies, and trading talentDefines key components common to HFT such as algorithms, lowlatency trading infrastructure, collocation etc.

The High Frequency Game Changer takes a highlycontroversial and extremely complicated subject and makes itaccessible to anyone with an interest or stake in financialmarkets.

Download The High Frequency Game Changer: How Automated Trading Strategies Have Revolutionized the Markets epub
ISBN: 0470770384
ISBN13: 978-0470770382
Category: Business
Subcategory: Investing
Author: Sang Lee,Paul Zubulake
Language: English
Publisher: Wiley; 1 edition (April 5, 2011)
Pages: 176 pages
ePUB size: 1151 kb
FB2 size: 1411 kb
Rating: 4.8
Votes: 926
Other Formats: mbr doc txt docx

Cozius
Paul Zubulake and Sang Lee have written an excellent introduction to the High Frequency world. They take the reader through the birth and growth of high frquency trading and present the key elements of HFT and their impact on the markets.The authors leverage informational surveys with key participants to present factually based insights that are very informative. HFT will be a key component of market sturcture for a very long time and this book allows the reader to form a more complete understanding of its processes and its impact.

D. Keith Ross, Jr. CEO, PDQ ATS
Just_paw
Unfortunately, this book did not live up to my expectations. The authors seemingly cover a lot of ground do not manage to tell much substantial about HFT. The book is very dry and different chapters are only loosely related to each other. The emphasis of the book is on providing very dry technical descriptions of very technology systems employed by various HFT firms.

I was hoping to learn more about strategies, market micro structure or the type of techniques used to develop strategies. All of these topics received very limited attention.

The authors do give a somewhat satisfactory historic overview, summarize current trends and shed light on possible regulatory challenges in the future.

Last chapter is not related to the topic of the book.