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An Introduction to Trading In the Financial Markets: Technology: Systems, Data, and Networks by R. Tee Williams

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Background

Before we begin to describe systems, data, and networks, we need to understand something about how the infrastructure of the trading markets has evolved. Here, we also examine several concepts that will permeate later discussions of systems, data, and networks. By presenting these concepts before we enter more detailed discussion, we can reduce redundancy.

History

Our goal in this section is not to provide a history of technology per se, but rather to understand how the evolution of technology has created the current environment and structure. In Book 1, An Introduction to Trading in the Financial Markets: Market Basics, we provided a brief history of the trading markets that dates back more than 400 years, but the history of technology ...

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