Computer says no
Random saying about trading
Computer says no
Kernel bypass
Computer says no
Limit orders
Computer says no
List of common trading
strategies
Computer says no
HFT firms
Computer says no
Computer says no
Quantative trading
Computer says no
Algorithmic trading
Computer says no
There are three major blocks in an Algo Trading System:
Market Data Handler (e.g., FAST handler)
Strategy Module (e.g., crossOver strategy)
Order Router (e.g., FIX router)
High-frequency trading (HFT)
Computer says no
Sophisticated algorithms
Co-location
Short-term investment horizons
Sophisticated technological tools and computer algorithms to rapidly
trade securities
Proprietary trading strategies carried out by computers to move in
and out of positions in seconds or fractions of a second
Day trading
Computer says no
Market makers
Computer says no
Financial instruments
Computer says no
Derivatives
Computer says no
Bid-ask spread
Computer says no
Me: BUY/SELL
Them: OFFER/BID
Trading protocols
FIX: Financial
Information eXchange
OUCH: a digital communications protocol that allows customers of the
NASDAQ (National Association of Securities Dealers Automated Quotations)
to conduct business in the options market.
SAIL Millenium - LSE
Buy/sell side
Computer says no
Which side are these?
Economists
Strategists
Providing research
Standard chartered: retail presence (taking deposits from
consumers)
Old school: give a loan against deposit
Algorithmic trading
IPO
Issue bond to bunch of investors
Small investment managers
Options pricing model
Challenger banks
Computer says no
Computer says no