Mastering Python for Finance - Second Edition

System functionalities

It is important to define the outcomes of your trading system. An outcome could be a research-based system concerned with obtaining high-quality data from data vendors, performing computations or running models, and evaluating a strategy through signal generation. Part of the research component might include a data-cleaning module or a backtesting interface to run a strategy with theoretical parameters over historical data. The CPU speed, memory size, and bandwidth are factors to be considered while designing our system.

Another outcome could be an execution-based system that is more concerned with risk management and order handling features to ensure the timely execution of multiple orders. The system must be highly ...