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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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Preface

This book is the third in a set of books that address the trading markets. We use the term “trading markets” because that is the most general term we can find for the portion of the financial markets sometimes imprecisely referred to as the securities markets. (We explained these distinctions in Book 1, An Introduction to Trading in the Financial Markets: Market Basics, and Book 2, An Introduction to Trading in the Financial Markets: Trading, Markets, Instruments, and Processes, when we described instruments, but basically securities are a subset of instruments. Thus, the term “securities markets” excludes a number of instruments that trade in liquid marketplaces. Here, we examine the broader group of all traded instruments.) In this ...

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