Author : Ben Warwick
Publisher : McGraw-Hill Companies
Page : 276 pages
File Size : 18,41 MB
Release : 1996
Category : Business & Economics
ISBN :
Designed to capture profits from market reactions to news events, event trading provides a systematic approach for exploiting a variety of market-moving events such as economic reports, interest rate changes and surprises in corporate earnings.
Author : Edgar Perez
Publisher : Mcgraw-hill
Page : 0 pages
File Size : 19,67 MB
Release : 2011-04-22
Category : Business & Economics
ISBN : 9780071768283
The secrets of high-frequency trading revealed! “Edgar’s book is fantastic . . . I recommend it highly.” —Bart Chilton, Commissioner, United States Commodity Futures Trading Commission (CFTC) “I have interviewed the most successful high-frequency traders in New York and Chicago, but I have learned so much more by reading Perez’s book. He covers the most relevant topics we need to know today and tomorrow.” —Mark Abeshouse, Chairman, Augustus Capital “Alternating between an annotated timeline of the development of high-frequency trading and interviews with top high-frequency traders, Perez illuminates the world of speed. All in all, an enlightening book.” —Brenda Jubin, contributor to Seeking Alpha “This is a comprehensive and compelling summary of the trading industry in general, as well as high-frequency trading. If you are interested in this field or of knowing a critical component of all future markets—read this book.” —Paul Dowding, Managing Director, Meridian Equity Partners “Very timely, covers the 2010 Flash Crash and the current high-frequency trading environment.” —Patrick Sweeney, Vice President, JP Morgan Chase “There is a new day in trading and speed is the key. Edgar Perez is the poster child.” —Eugene Steele, Managing Partner, Trading Rooms World Wide About the Book: High-frequency traders have been called many things—from masters of the universe and market pioneers to exploiters, computer geeks, and even predators. Everyone in the business of investing has an opinion of speed traders, but how many really understand how they operate? The shadow people of the investing world, today’s high-frequency traders have decidedly kept a low profile—until now. In The Speed Traders, Edgar Perez, founder of the prestigious business networking community Golden Networking, opens the door to the secretive world of high-frequency trading (HFT). Inside, prominent figures of HFT drop their guard and speak with unprecedented candidness about their trade. Perez begins with an overview of computerized trading, which formally began on February 8, 1971, when NASDAQ launched the world’s first electronic market with 2,500 over-the-counter stocks and which has evolved into the present-day practice of making multiple trades in a matter of microseconds. He then picks the brains of today’s top players. Manoj Narang (Tradeworx), Peter van Kleef (Lakeview Arbitrage), and Aaron Lebovitz (Infinium Capital Management) are just a few of the luminaries who decided to break their silence and speak openly to Perez. Virtually all of the expertise available from the world of speed trading is packed into these pages. You’ll get insight from HFT’s most influential trailblazers on the important issues, including: The basics of launching an HFT platform The important role speed traders play in providing market liquidity The real story behind the “flash crash” of May 2010 Emerging global HFT markets M&A and consolidation among the world’s biggest exchanges The Speed Traders is the most comprehensive, revealing work available on the most important development in trading in generations. High-frequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access. Essential reading for regulators and investors alike, The Speed Traders explains everything there is to know about how today’s high-frequency traders make millions—one cent at a time.
Author : Elie Ayache
Publisher : John Wiley & Sons
Page : 501 pages
File Size : 20,12 MB
Release : 2010-05-05
Category : Business & Economics
ISBN : 0470661763
October 19th 1987 was a day of huge change for the global finance industry. On this day the stock market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options Exchange. Experts everywhere sought to find a model for this event, and ways to simulate it in order to avoid a recurrence in the future, but the one thing that struck Elie that day was the belief that what actually happened on 19th October 1987 is simply non reproducible outside 19th October 1987 - you cannot reduce it to a chain of causes and effects, or even to a random generator, that can then be reproduced or represented in a theoretical framework. The Blank Swan is Elie's highly original treatise on the financial markets presenting a totally revolutionary rethinking of derivative pricing and technology. It is not a diatribe against Nassim Taleb's The Black Swan, but criticises the whole background or framework of predictable and unpredictable events white and black swans alike , i.e. the very category of prediction. In this revolutionary book, Elie redefines the components of the technology needed to price and trade derivatives. Most importantly, and drawing on a long tradition of philosophy of the event from Henri Bergson to Gilles Deleuze, to Alain Badiou, and on a recent brand of philosophy of contingency, embodied by the speculative materialism of Quentin Meillassoux, Elie redefines the market itself against the common perceptions of orthodox financial theory, general equilibrium theory and the sociology of finance. This book will change the way that we think about derivatives and approach the market. If anything, derivatives should be renamed contingent claims, where contingency is now absolute and no longer derivative, and the market is just its medium. The book also establishes the missing link between quantitative modelling (no longer dependent on probability theory but on a novel brand of mathematics which Elie calls the mathematics of price) and the reality of the market.
Author : Andrew Busch
Publisher : John Wiley & Sons
Page : 240 pages
File Size : 34,58 MB
Release : 2007-10-19
Category : Business & Economics
ISBN : 9780470170076
In an age of twenty-four-hour news coverage and cutting-edge technology, world events dominate our lives and impact the financial markets. From hurricanes to the war in Iraq, we exist in a crazy, connect-the-dot planet. However, the well-prepared investor can turn these events into profits. All they need is the ability to recognize the consistent characteristics of these events and the vision to build a strategy or portfolio that can take advantage of these situations when they begin to unfold. As a foreign exchange strategist with over twenty years of financial experience, author Andrew Busch knows what it takes to make it in today’s dynamic market. And now, with World Event Trading, he wants to show you how. Filled with in-depth insights and expert advice, this practical guide examines three categories of world events—infectious diseases, natural disasters, and politics—and provides hands-on strategies for trading profitably on each. Using actual examples of the war in Iraq, Hurricane Katrina, and other recent "page one stories," Busch shows you how to understand all-important market moods and anticipate profitable trades. He also reveals little-known details on legendary event-driven trading successes, illustrating how any trader can repeat them in different market environments. Andrew Busch is the Global FX Market Strategist for BMO Financial Group’s Investment Banking Division in Chicago. He is a recognized expert on the world financial markets and how these markets are impacted by political events. Busch’s views appear in his daily newsletter, the Busch Update, which reaches 5,000 investors and financial professionals. He also writes a weekly column that appears on The Globe and Mail Web site on Fridays and in print on Mondays (circulation 40,000). Busch makes weekly appearances on CNBC’s Closing Bell with Maria Bartiromo and is frequently quoted by the Wall Street Journal as well as other news services. He graduated Phi Beta Kappa with a BA in economics from Ohio Wesleyan University and received an MBA from the University of Chicago.
Author : Barbara Rockefeller
Publisher : John Wiley & Sons
Page : 290 pages
File Size : 18,2 MB
Release : 2002
Category : Business & Economics
ISBN : 9780471435853
Global trading was once purely the domain of specialists such as George Soros. But the efficiency of electronic trading is opening up this lucrative market to the masses. This book details how the average investor can access the global markets and profit from them.
Author : Jeffrey A. Hirsch
Publisher : John Wiley & Sons
Page : 196 pages
File Size : 35,54 MB
Release : 2004-11-11
Category : Business & Economics
ISBN : 0471718785
This practical investment tool contains a wealth of information you can use to enhance your profit potential. Organized on a calendar basis, the Almanac alerts you to little-known market patterns and tendencies useful in forecasting market trends. You'll learn: How our presidential elections affect the economy and the stock market. How the passage of the Twentieth Amendment to the Constitution fathered the January Barometer, which has a 90.7% accuracy ratio. Why there is a significant market bias at certain times of the day, week, month, and year. Even if you pay scant attention to cycles, indicators, and patterns, your investment survival could hinge on your interpretation on one of the recurring patterns found with these pages. Order your copy today!
Author : Robert Seyfert
Publisher : Taylor & Francis
Page : 193 pages
File Size : 32,51 MB
Release : 2016-10-04
Category : Social Science
ISBN : 1317331826
This book provides in-depth and wide-ranging analyses of the emergence, and subsequent ubiquity, of algorithms in diverse realms of social life. The plurality of Algorithmic Cultures emphasizes: 1) algorithms’ increasing importance in the formation of new epistemic and organizational paradigms; and 2) the multifaceted analyses of algorithms across an increasing number of research fields. The authors in this volume address the complex interrelations between social groups and algorithms in the construction of meaning and social interaction. The contributors highlight the performative dimensions of algorithms by exposing the dynamic processes through which algorithms – themselves the product of a specific approach to the world – frame reality, while at the same time organizing how people think about society. With contributions from leading experts from Media Studies, Social Studies of Science and Technology, Cultural and Media Sociology from Canada, France, Germany, UK and the USA, this volume presents cutting edge empirical and conceptual research that includes case studies on social media platforms, gaming, financial trading and mobile security infrastructures.
Author : Joe Duarte
Publisher : John Wiley & Sons
Page : 394 pages
File Size : 43,27 MB
Release : 2011-02-02
Category : Business & Economics
ISBN : 1118052552
Explore single-stock futures, ETFs, and alternative energy futures Protect your assets and maximize your profits in this risky yet lucrative market Want to take advantage of the futures market? This plain-English guide gives you the surefire strategies you need to be a successful trader, with up-to-the-minute advice on the various types of futures, conducting research, finding a broker, entering and exiting positions, and minimizing your losses. You also get bearish and bullish strategies and tips for trading online. Discover how to: Understand trends in the global economy Use charting patterns and indicators Execute successful trades Set realistic goals Avoid common trading pitfalls Keep your downside risk under control
Author : Brian Hicks
Publisher : John Wiley & Sons
Page : 306 pages
File Size : 14,28 MB
Release : 2008-06-02
Category : Business & Economics
ISBN : 0470280174
Profit from the Peak contains the information you need to successfully navigate the end of our oil-based economy. It takes a hard look at the future of oil and gas, examines how you can effectively invest in these resources, and profit from energy alternatives that are poised to power the years ahead. Along the way, this book also explores the potential, and possible limitations, of each major energy source, while carefully cover the investing angles of each one.
Author : William Yeoh
Publisher : European Alliance for Innovation
Page : 260 pages
File Size : 31,45 MB
Release : 2023-10-26
Category : Computers
ISBN : 163190423X
This book contains the proceedings of the 2nd International Conference on Financial Innovation, FinTech and Information Technology (FFIT 2023) held in Chongqing, China from July 7th to 9th, 2023. FFIT 2023 focuses on Economic statistics under big data, Financial risk control, Economic Modeling and Software Engineering, Accounting and Financial Information Systems, Innovative Supply Chain Financial Services and other fields. The aim of the conference is to provide a platform for experts, scholars, engineers, technicians and technical R&D personnel to share scientific research achievements and cutting-edge technologies, understand academic development trends, expand research ideas, strengthen academic research and discussion, and promote the industrialization cooperation of academic achievements. We hope that this conference will continue to be held in the coming years, making it an ideal platform for people to share views and experiences in financial innovation and economic development and related areas. We would also like to thank the invited speakers for their valuable contributions and for sharing their perspectives during their speeches.
