November 2019
Beginner
394 pages
10h 31m
English
Since this book is primarily designed to introduce what modern algorithmic trading looks like, we will focus on trying to understand how a modern electronic trading exchange appears. Gone are the days of people yelling at one another in the trading pits and making hand signals to convey their intentions to buy and sell products at certain prices. These remain amusing ideas for movies, but modern trading looks significantly different.
Today, most of the trading is done electronically through different software applications. Market data feed handlers process and understand market data disseminated by the trading exchanges to reflect the true state of the limit book and market prices (bids ...