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

Introduction

In this part we return to the trading process as we defined it initially in Book 1, An Introduction to Trading in the Financial Markets: Market Basics, and as we described it at the beginning of the secondary-market process subsection: Chapter 2, Part 4 of Book 2, An Introduction to Trading in the Financial Markets: Trading, Markets, Instruments, and Processes. This simplified flow focuses on the eight primary steps involved in most trades but exempts the subsidiary steps introduced in Book 2. The overall flow is shown in Figure 4.0.

Trading-Process Business-Process Flow

In Book 2 we introduced the concept of a business-process flow to make the interactions among the different entities easier to understand in a complex process described ...

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