Book description
This Element is an excerpt from Crapshoot Investing: How Tech Savvy Traders and Clueless Regulators Turned the Stock Market into a Casino (9780132599689) by Jim McTague. Available in print and digital formats.
How the nerds took over Wall Street–and how their high-frequency, computer-driven trading impacts your portfolio.
How did graduates from physics and math departments of top graduate schools end up swarming Wall Street? It was an unanticipated consequence of new SEC regulations intended to encourage electronic exchanges. The sudden fragmentation of the market resulted in unexpected complexity which, in turn, led to fleeting pricing discrepancies among trading venues. The nerds saw ways to exploit these inefficiencies.
Table of contents
Product information
- Title: High Frequency Traders Come Out of the Shadows
- Author(s):
- Release date: January 2011
- Publisher(s): Pearson
- ISBN: 9780132711869
You might also like
book
Applications of Computational Intelligence in Data-Driven Trading
“Life on earth is filled with many mysteries, but perhaps the most challenging of these is …
book
Handbook of Exchange Rates
Praise for Handbook of Exchange Rates "This book is remarkable. I expect it to become the …
book
Intel Xeon Phi Processor High Performance Programming, 2nd Edition
Intel Xeon Phi Processor High Performance Programming is an all-in-one source of information for programming the …
book
The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points
Inside a unique system that allows you to identify and trade key turning points in the …
