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Electronic and Algorithmic Trading Technology The Complete Guide

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ISBN-10: 0123724910

ISBN-13: 9780123724915

Edition: 2007

Authors: Kendall Kim

List price: $75.95
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Description:

Electronic and algorithmic trading has become part of a mainstream response to buy-side traders need to move large blocks of shares with minimum market impact in todays complex institutional trading environment. This book illustrates an overview of key providers in the marketplace. With program trading platforms becoming increasingly sophisticated, more cost effective measures handling larger order flow is becoming a reality. The higher reliance on program trading has had profound implications for vendors and users of information and trading products. Broker dealers providing solutions through their products are facing changes in their business models such as: relationships with sellside…    
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Book details

List price: $75.95
Copyright year: 2007
Publisher: Elsevier Science & Technology
Publication date: 8/13/2007
Binding: Paperback
Pages: 224
Size: 5.98" wide x 9.02" long x 0.27" tall
Weight: 0.792
Language: English

Kendall Kim consults as a Business Analyst and lives in Greenwich, CT. He specializes in delivering technology solutions to Wall Street securities firms. In this role he has been responsible for the specification and implementation of large trading, risk management, and real-time market data systems. He has consulted and worked for firms such as UBS Investment Bank, Deutsche Bank, and Goldman Sachs. Kendall holds a bachelor's degree in Economics from Boston University, Boston, MA and a master's degree in Business Administration from The College of William and Mary, Williamsburg, VA.

Overview of Program and Algorithmic Trading
Automating Trade and Order Flow
The Growth of Program and Algorithmic Trading
Alternative Execution Venues
Algorithmic Strategies
Algorithmic Feasibility and Limitations
Electronic Trading Networks
Effective Data Management
Minimizing Execution Costs
Transaction Cost Research (TCR)
Program and Algorithmic Trading for Different Asset Classes
Regulation NMS and other Regulatory Challenges
Build vs. Buy
Trading Technology and Prime Brokerage
Profiling The Leading Vendors
Appendix
Implementation of Trading Systems