O'Reilly logo

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

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

1

Step 1Pre-trade Decisions

In Book 2 we described both the different styles of investing and other motivations for trading. We noted a number of specific causes such as new funds or a change in the assessment of the attractiveness of specific instruments that might be the cause of specific trading decisions.

Here, we are not concerned with the exact cause of a trading decision, but we are interested in understanding some of the systems and information employed in that decision. Figure 4.1 shows how portfolio managers employ systems and data to generate decisions to trade.

image

Figure 4.1 Step 1: Pre-trade decisions employ internal systems and market ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required