Automated Trading Strategies With Risk Cybernetics

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Automated Trading with Genetic-Algorithm Neural-Network Risk Cybernetics

Author : Lanz Chan
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Automated Trading with Genetic-Algorithm Neural-Network Risk Cybernetics by : Lanz Chan

Download or read book Automated Trading with Genetic-Algorithm Neural-Network Risk Cybernetics written by Lanz Chan and published by . This book was released on 2015 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent years have witnessed the advancement of automated algorithmic trading systems as institutional solutions in the form of autobots, black box or expert advisors. However, little research has been done in this area with sufficient evidence to show the efficiency of these systems. This paper builds an automated trading system which implements an optimized genetic-algorithm neural-network (GANN) model with cybernetic concepts and evaluates the success using a modified value-at-risk (MVaR) framework. The cybernetic engine includes a circular causal feedback control feature and a developed golden-ratio estimator, which can be applied to any form of market data in the development of risk-pricing models. The paper applies the Euro and Yen forex rates as data inputs. It is shown that the technique is useful as a trading and volatility control system for institutions including central bank monetary policy as a risk-minimizing strategy. Furthermore, the results are achieved within a 30-second timeframe for an intra-week trading strategy, offering relatively low latency performance. The results show that risk exposures are reduced by four to five times with a maximum possible success rate of 96%, providing evidence for further research and development in this area.

Automated-Trading Strategies with Risk-Cybernetics

Author : Lanz Chan
Publisher :
ISBN 13 : 9781511895804
Total Pages : 90 pages
Book Rating : 4.8/5 (958 download)

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Book Synopsis Automated-Trading Strategies with Risk-Cybernetics by : Lanz Chan

Download or read book Automated-Trading Strategies with Risk-Cybernetics written by Lanz Chan and published by . This book was released on 2015-04-25 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is not extensive by any means. There are many great books out there but this book is targeted at traders that seek inspiration for enhancing their trading methods. More importantly, this book is for anyone interested in trading as I have utilized mainly free software (FxPro Quant and MT4). Hence, anyone can read this book and learn from scratch to actually start trading with greater winning probabilities. Creating winning trading strategies is complex and hence automation is implemented, but maintaining an automated system can be tedious, and thus, my endeavor to build a self-learning and enhancing system otherwise known technically as a cybernetic system. The process in creating this book has really helped me solidify my ideas, and I sincerely hope for you as well.

Cybernetic Trading Strategies

Author : Murray A. Ruggiero
Publisher : John Wiley & Sons
ISBN 13 : 9780471149200
Total Pages : 344 pages
Book Rating : 4.1/5 (492 download)

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Book Synopsis Cybernetic Trading Strategies by : Murray A. Ruggiero

Download or read book Cybernetic Trading Strategies written by Murray A. Ruggiero and published by John Wiley & Sons. This book was released on 1997-07-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ein Überblick über die aktuellsten Technologien zum Aufbau einer Handelsstrategie: neuronale Netzwerke, genetische Algorithmen, Expertensysteme, Fuzzy logic und statistische Mustererkennung. Gezeigt wird, wie diese neuen Methoden in klassische Analysenverfahren integriert werden können. Auch Erläuterungen zur Prüfung und Bewertung existierender Systeme kommen nicht zu kurz.

Machine-Learning Fully Automated FX Trading System for Superior Returns with Risk Cybernetics Artificial Intelligence Framework

Author : Lanz Chan
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Machine-Learning Fully Automated FX Trading System for Superior Returns with Risk Cybernetics Artificial Intelligence Framework by : Lanz Chan

Download or read book Machine-Learning Fully Automated FX Trading System for Superior Returns with Risk Cybernetics Artificial Intelligence Framework written by Lanz Chan and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The team at Finamatrix has shown through real trading accounts that it is possible to produce superior returns i.e. 100% on a weekly to monthly basis with manual trading. However, the sustainability of the superior returns are subject to the limitations of human thinking processes that are prone to mistakes due to emotions, cognitive errors, etc. The human brain of an experienced trader is able to harness all the data available and convert this data into useful information in a very short time for profit but this is not a perfect process. We attempt to develop the holy grail of trading systems -- a completely self-learning and self-enhancing trading database system that learns from trader experience and is capable of a suite of functions, including not only recalling and implementing strategies when suitable conditions arise but also capable of adaptation and self-improvement. The system is able to execute continuous iterations and is able to convert errors into learning experiences so as to re-program previous bad trades to create good trades. The system also features learning from good trades and is able to modify and re-input the parameters so as to offer relatively more appropriate trading strategies that are able to produce better returns. These functions are potentially made possible through the utilization of genetic-optimization neural-networks in a risk cybernetics framework.

The High Frequency Game Changer

Author : Paul Zubulake
Publisher : John Wiley & Sons
ISBN 13 : 0470770384
Total Pages : 177 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis The High Frequency Game Changer by : Paul Zubulake

Download or read book The High Frequency Game Changer written by Paul Zubulake and published by John Wiley & Sons. This book was released on 2011-04-05 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial industry's leading independent research firm's forward-looking assessment into high frequency trading Once regarded as a United States-focused trend, today, high frequency trading is gaining momentum around the world. Yet, while high frequency trading continues to be one of the hottest trends in the markets, due to the highly proprietary nature of the computer transactions, financial firms and institutions have made very little available in terms of information or "how-to" techniques. That's all changed with The High Frequency Game Changer: How Automated Trading Strategies Have Revolutionized the Markets. In the book, Zubulake and Lee present an overview of how high frequency trading is changing the face of the market. The book Explains how we got here and what it means to traders and investors Details how to build a high frequency trading firm, including the relevant tools, strategies, and trading talent Defines key components common to HFT such as algorithms, low latency trading infrastructure, collocation etc. The High Frequency Game Changer takes a highly controversial and extremely complicated subject and makes it accessible to anyone with an interest or stake in financial markets.

Cybernetic Analysis for Stocks and Futures

Author : John F. Ehlers
Publisher : John Wiley & Sons
ISBN 13 : 0471463078
Total Pages : 276 pages
Book Rating : 4.4/5 (714 download)

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Book Synopsis Cybernetic Analysis for Stocks and Futures by : John F. Ehlers

Download or read book Cybernetic Analysis for Stocks and Futures written by John F. Ehlers and published by John Wiley & Sons. This book was released on 2004-03-29 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cutting-edge insight from the leader in trading technology In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues to enlighten readers on the art of predicting the market based on tested systems. With application of his engineering expertise, Ehlers explains the latest, most advanced techniques that help traders predict stock and futures markets with surgical precision. Unique new indicators and automatic trading systems are described in text as well as Easy Language and EFS code. The approaches are universal and robust enough to be applied to a full range of market conditions. John F. Ehlers (Santa Barbara, CA) is President of MESA Software (www.mesasoftware.com) and has also written Rocket Science for Traders (0-471-40567-1) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines.

Action-Based Quality Management

Author : Marta Peris-Ortiz
Publisher : Springer
ISBN 13 : 3319064533
Total Pages : 197 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Action-Based Quality Management by : Marta Peris-Ortiz

Download or read book Action-Based Quality Management written by Marta Peris-Ortiz and published by Springer. This book was released on 2014-06-13 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Featuring case studies from the industrial and tourism sectors, this book provides an interdisciplinary perspective on the effect of total quality management on business and innovation strategies. The principles of Total Quality Management (TQM) have been widely researched and analyzed as an essential tool for businesses to compete in a globalized economy. This book presents the latest research on the applications of TQM across different functions such as customer service, human resources management and cost control. It demonstrates how the utilization of TQM tools, such as the SERVQUAL model, Eco-Management and Audit Scheme (EMAS), High Involvement Practices (HIWP) and the EFQM excellence model, impacts a firm’s performance, enhances productivity and innovation and reduces cost, thereby allowing them to compete more effectively in the global market. Building on the extensive literature on the relationship between TQM and business performance, the authors argue that quality acts as a powerful competitive tool that companies should embrace in their corporate strategy. By promoting activities that result in greater efficiency, improved control and management of the organization (internal quality), firms can achieve significant improvement in customer satisfaction, employee satisfaction, social impact and business results (external quality) and exceed expectations in these areas.

Automated Option Trading

Author : Sergey Izraylevich Ph.D.
Publisher : FT Press
ISBN 13 : 0132491907
Total Pages : 302 pages
Book Rating : 4.1/5 (324 download)

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Book Synopsis Automated Option Trading by : Sergey Izraylevich Ph.D.

Download or read book Automated Option Trading written by Sergey Izraylevich Ph.D. and published by FT Press. This book was released on 2012-03-12 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first and only book of its kind, Automated Options Trading describes a comprehensive, step-by-step process for creating automated options trading systems. Using the authors’ techniques, sophisticated traders can create powerful frameworks for the consistent, disciplined realization of well-defined, formalized, and carefully-tested trading strategies based on their specific requirements. Unlike other books on automated trading, this book focuses specifically on the unique requirements of options, reflecting philosophy, logic, quantitative tools, and valuation procedures that are completely different from those used in conventional automated trading algorithms. Every facet of the authors’ approach is optimized for options, including strategy development and optimization; capital allocation; risk management; performance measurement; back-testing and walk-forward analysis; and trade execution. The authors’ system reflects a continuous process of valuation, structuring and long-term management of investment portfolios (not just individual instruments), introducing systematic approaches for handling portfolios containing option combinations related to different underlying assets. With these techniques, it is finally possible to effectively automate options trading at the portfolio level. This book will be an indispensable resource for serious options traders working individually, in hedge funds, or in other institutions.

Professional Automated Trading

Author : Eugene A. Durenard
Publisher : John Wiley & Sons
ISBN 13 : 1118129857
Total Pages : 388 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Professional Automated Trading by : Eugene A. Durenard

Download or read book Professional Automated Trading written by Eugene A. Durenard and published by John Wiley & Sons. This book was released on 2013-10-21 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's view of how to develop and operate an automated proprietary trading network Reflecting author Eugene Durenard's extensive experience in this field, Professional Automated Trading offers valuable insights you won't find anywhere else. It reveals how a series of concepts and techniques coming from current research in artificial life and modern control theory can be applied to the design of effective trading systems that outperform the majority of published trading systems. It also skillfully provides you with essential information on the practical coding and implementation of a scalable systematic trading architecture. Based on years of practical experience in building successful research and infrastructure processes for purpose of trading at several frequencies, this book is designed to be a comprehensive guide for understanding the theory of design and the practice of implementation of an automated systematic trading process at an institutional scale. Discusses several classical strategies and covers the design of efficient simulation engines for back and forward testing Provides insights on effectively implementing a series of distributed processes that should form the core of a robust and fault-tolerant automated systematic trading architecture Addresses trade execution optimization by studying market-pressure models and minimization of costs via applications of execution algorithms Introduces a series of novel concepts from artificial life and modern control theory that enhance robustness of the systematic decision making—focusing on various aspects of adaptation and dynamic optimal model choice Engaging and informative, Proprietary Automated Trading covers the most important aspects of this endeavor and will put you in a better position to excel at it.

Cybernetic Analysis for Stocks and Futures

Author : John F. Ehlers
Publisher : John Wiley & Sons
ISBN 13 : 1118045726
Total Pages : 274 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis Cybernetic Analysis for Stocks and Futures by : John F. Ehlers

Download or read book Cybernetic Analysis for Stocks and Futures written by John F. Ehlers and published by John Wiley & Sons. This book was released on 2011-01-06 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cutting-edge insight from the leader in trading technology In Cybernetic Analysis for Stocks and Futures, noted technical analyst John Ehlers continues to enlighten readers on the art of predicting the market based on tested systems. With application of his engineering expertise, Ehlers explains the latest, most advanced techniques that help traders predict stock and futures markets with surgical precision. Unique new indicators and automatic trading systems are described in text as well as Easy Language and EFS code. The approaches are universal and robust enough to be applied to a full range of market conditions. John F. Ehlers (Santa Barbara, CA) is President of MESA Software (www.mesasoftware.com) and has also written Rocket Science for Traders (0-471-40567-1) as well as numerous articles for Futures and Technical Analysis of Stocks & Commodities magazines.

A Guide to Creating A Successful Algorithmic Trading Strategy

Author : Perry J. Kaufman
Publisher : John Wiley & Sons
ISBN 13 : 1119224748
Total Pages : 196 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis A Guide to Creating A Successful Algorithmic Trading Strategy by : Perry J. Kaufman

Download or read book A Guide to Creating A Successful Algorithmic Trading Strategy written by Perry J. Kaufman and published by John Wiley & Sons. This book was released on 2016-02-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Turn insight into profit with guru guidance toward successful algorithmic trading A Guide to Creating a Successful Algorithmic Trading Strategy provides the latest strategies from an industry guru to show you how to build your own system from the ground up. If you're looking to develop a successful career in algorithmic trading, this book has you covered from idea to execution as you learn to develop a trader's insight and turn it into profitable strategy. You'll discover your trading personality and use it as a jumping-off point to create the ideal algo system that works the way you work, so you can achieve your goals faster. Coverage includes learning to recognize opportunities and identify a sound premise, and detailed discussion on seasonal patterns, interest rate-based trends, volatility, weekly and monthly patterns, the 3-day cycle, and much more—with an emphasis on trading as the best teacher. By actually making trades, you concentrate your attention on the market, absorb the effects on your money, and quickly resolve problems that impact profits. Algorithmic trading began as a "ridiculous" concept in the 1970s, then became an "unfair advantage" as it evolved into the lynchpin of a successful trading strategy. This book gives you the background you need to effectively reap the benefits of this important trading method. Navigate confusing markets Find the right trades and make them Build a successful algo trading system Turn insights into profitable strategies Algorithmic trading strategies are everywhere, but they're not all equally valuable. It's far too easy to fall for something that worked brilliantly in the past, but with little hope of working in the future. A Guide to Creating a Successful Algorithmic Trading Strategy shows you how to choose the best, leave the rest, and make more money from your trades.

Professional Automated Trading

Author : Eugene A. Durenard
Publisher : John Wiley & Sons
ISBN 13 : 1118419294
Total Pages : 388 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis Professional Automated Trading by : Eugene A. Durenard

Download or read book Professional Automated Trading written by Eugene A. Durenard and published by John Wiley & Sons. This book was released on 2013-10-04 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's view of how to develop and operate an automated proprietary trading network Reflecting author Eugene Durenard's extensive experience in this field, Professional Automated Trading offers valuable insights you won't find anywhere else. It reveals how a series of concepts and techniques coming from current research in artificial life and modern control theory can be applied to the design of effective trading systems that outperform the majority of published trading systems. It also skillfully provides you with essential information on the practical coding and implementation of a scalable systematic trading architecture. Based on years of practical experience in building successful research and infrastructure processes for purpose of trading at several frequencies, this book is designed to be a comprehensive guide for understanding the theory of design and the practice of implementation of an automated systematic trading process at an institutional scale. Discusses several classical strategies and covers the design of efficient simulation engines for back and forward testing Provides insights on effectively implementing a series of distributed processes that should form the core of a robust and fault-tolerant automated systematic trading architecture Addresses trade execution optimization by studying market-pressure models and minimization of costs via applications of execution algorithms Introduces a series of novel concepts from artificial life and modern control theory that enhance robustness of the systematic decision making—focusing on various aspects of adaptation and dynamic optimal model choice Engaging and informative, Proprietary Automated Trading covers the most important aspects of this endeavor and will put you in a better position to excel at it.

Systematic and Automated Option Trading (Collection)

Author : Sergey Izraylevich Ph.D.
Publisher : FT Press
ISBN 13 : 0133095282
Total Pages : 984 pages
Book Rating : 4.1/5 (33 download)

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Book Synopsis Systematic and Automated Option Trading (Collection) by : Sergey Izraylevich Ph.D.

Download or read book Systematic and Automated Option Trading (Collection) written by Sergey Izraylevich Ph.D. and published by FT Press. This book was released on 2012-08-01 with total page 984 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brand new collection of state-of-the-art option trading techniques, from world-renowned experts Sergey Izraylevich and Vadim Tsudikman …now in a convenient e-format, at a great price! Leading-edge option trading techniques for serious investors, traders, and portfolio managers Writing for serious investors, traders, hedge fund managers, and quants, pioneering option experts Sergey Izraylevich and Vadim Tsudikman introduce important new techniques for maximizing option profits, controlling risk, and consistently identifying trades optimized for your goals and strategies.First, in Systematic Options Trading: Evaluating, Analyzing, and Profiting from Mispriced Option Opportunities, Izraylevich and Tsudikmanintroducereliable new ways to identify your best option combinations, underlying assets, and strategies. They treat the option market as a whole: an unlimited set of trading variants composed of all option combinations that can be constructed at any specific moment (using all possible strategies and underlying assets). Their powerful system permits thorough analysis and comparison of many option combinations in terms of both expected profitability and potential risk. It formalizes and classifies over a dozen criteria intended to select preferable trading alternatives from a vast quantity of potential opportunities, showing how to apply multiple valuation criteria concurrently to systematically identify subtle price distortions, and consistently select trades that meet optimal parameters. Next, in Automated Option Trading: Create, Optimize, and Test Automated Trading Systems, they present thefirst complete step-by-step guide to creating profitable automated systems for the disciplined realization of well-defined, formalized, and tested option strategies. Every facet of their approach is optimized for options, including strategy development, capital allocation, risk management, performance measurement, back-testing, walk-forward analysis; and trade execution. Their system incorporates continuous valuation, structuring and long-term management of investment portfolios (not just individual instruments), and can systematically handle option combinations related to different underlying assets — making it possible to finally automate options trading at the portfolio level. From world-renowned option trading experts Sergey Izraylevich, Ph.D. and Vadim Tsudikman

High-Frequency Trading

Author : Irene Aldridge
Publisher : John Wiley & Sons
ISBN 13 : 1118416821
Total Pages : 326 pages
Book Rating : 4.1/5 (184 download)

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Book Synopsis High-Frequency Trading by : Irene Aldridge

Download or read book High-Frequency Trading written by Irene Aldridge and published by John Wiley & Sons. This book was released on 2013-04-01 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fully revised second edition of the best guide to high-frequency trading High-frequency trading is a difficult, but profitable, endeavor that can generate stable profits in various market conditions. But solid footing in both the theory and practice of this discipline are essential to success. Whether you're an institutional investor seeking a better understanding of high-frequency operations or an individual investor looking for a new way to trade, this book has what you need to make the most of your time in today's dynamic markets. Building on the success of the original edition, the Second Edition of High-Frequency Trading incorporates the latest research and questions that have come to light since the publication of the first edition. It skillfully covers everything from new portfolio management techniques for high-frequency trading and the latest technological developments enabling HFT to updated risk management strategies and how to safeguard information and order flow in both dark and light markets. Includes numerous quantitative trading strategies and tools for building a high-frequency trading system Address the most essential aspects of high-frequency trading, from formulation of ideas to performance evaluation The book also includes a companion Website where selected sample trading strategies can be downloaded and tested Written by respected industry expert Irene Aldridge While interest in high-frequency trading continues to grow, little has been published to help investors understand and implement this approach—until now. This book has everything you need to gain a firm grip on how high-frequency trading works and what it takes to apply it to your everyday trading endeavors.

Learn Algorithmic Trading

Author : Sebastien Donadio
Publisher : Packt Publishing Ltd
ISBN 13 : 1789342147
Total Pages : 378 pages
Book Rating : 4.7/5 (893 download)

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Book Synopsis Learn Algorithmic Trading by : Sebastien Donadio

Download or read book Learn Algorithmic Trading written by Sebastien Donadio and published by Packt Publishing Ltd. This book was released on 2019-11-07 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understand the fundamentals of algorithmic trading to apply algorithms to real market data and analyze the results of real-world trading strategies Key FeaturesUnderstand the power of algorithmic trading in financial markets with real-world examples Get up and running with the algorithms used to carry out algorithmic trading Learn to build your own algorithmic trading robots which require no human interventionBook Description It’s now harder than ever to get a significant edge over competitors in terms of speed and efficiency when it comes to algorithmic trading. Relying on sophisticated trading signals, predictive models and strategies can make all the difference. This book will guide you through these aspects, giving you insights into how modern electronic trading markets and participants operate. You’ll start with an introduction to algorithmic trading, along with setting up the environment required to perform the tasks in the book. You’ll explore the key components of an algorithmic trading business and aspects you’ll need to take into account before starting an automated trading project. Next, you’ll focus on designing, building and operating the components required for developing a practical and profitable algorithmic trading business. Later, you’ll learn how quantitative trading signals and strategies are developed, and also implement and analyze sophisticated trading strategies such as volatility strategies, economic release strategies, and statistical arbitrage. Finally, you’ll create a trading bot from scratch using the algorithms built in the previous sections. By the end of this book, you’ll be well-versed with electronic trading markets and have learned to implement, evaluate and safely operate algorithmic trading strategies in live markets. What you will learnUnderstand the components of modern algorithmic trading systems and strategies Apply machine learning in algorithmic trading signals and strategies using Python Build, visualize and analyze trading strategies based on mean reversion, trend, economic releases and more Quantify and build a risk management system for Python trading strategies Build a backtester to run simulated trading strategies for improving the performance of your trading botDeploy and incorporate trading strategies in the live market to maintain and improve profitability Who this book is for This book is for software engineers, financial traders, data analysts, and entrepreneurs. Anyone who wants to get started with algorithmic trading and understand how it works; and learn the components of a trading system, protocols and algorithms required for black box and gray box trading, and techniques for building a completely automated and profitable trading business will also find this book useful.

Algorithmic Trading

Author : Ernie Chan
Publisher : John Wiley & Sons
ISBN 13 : 1118746910
Total Pages : 230 pages
Book Rating : 4.1/5 (187 download)

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Book Synopsis Algorithmic Trading by : Ernie Chan

Download or read book Algorithmic Trading written by Ernie Chan and published by John Wiley & Sons. This book was released on 2013-05-21 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Algorithmic TRADING “Algorithmic Trading is an insightful book on quantitative trading written by a seasoned practitioner. What sets this book apart from many others in the space is the emphasis on real examples as opposed to just theory. Concepts are not only described, they are brought to life with actual trading strategies, which give the reader insight into how and why each strategy was developed, how it was implemented, and even how it was coded. This book is a valuable resource for anyone looking to create their own systematic trading strategies and those involved in manager selection, where the knowledge contained in this book will lead to a more informed and nuanced conversation with managers.” —DAREN SMITH, CFA, CAIA, FSA, Managing Director, Manager Selection & Portfolio Construction, University of Toronto Asset Management “Using an excellent selection of mean reversion and momentum strategies, Ernie explains the rationale behind each one, shows how to test it, how to improve it, and discusses implementation issues. His book is a careful, detailed exposition of the scientific method applied to strategy development. For serious retail traders, I know of no other book that provides this range of examples and level of detail. His discussions of how regime changes affect strategies, and of risk management, are invaluable bonuses.” —ROGER HUNTER, Mathematician and Algorithmic Trader

Electronic and Algorithmic Trading Technology

Author : Kendall Kim
Publisher : Academic Press
ISBN 13 : 0080548865
Total Pages : 224 pages
Book Rating : 4.0/5 (85 download)

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Book Synopsis Electronic and Algorithmic Trading Technology by : Kendall Kim

Download or read book Electronic and Algorithmic Trading Technology written by Kendall Kim and published by Academic Press. This book was released on 2010-07-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 today’s complex institutional trading environment. This book illustrates an overview of key providers in the marketplace. With electronic trading platforms becoming increasingly sophisticated, more cost effective measures handling larger order flow is becoming a reality. The higher reliance on electronic 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 customers, relationships with buyside customers, the importance of broker neutrality, the role of direct market access, and the relationship with prime brokers. Electronic and Algorithmic Trading Technology: The Complete Guide is the ultimate guide to managers, institutional investors, broker dealers, and software vendors to better understand innovative technologies that can cut transaction costs, eliminate human error, boost trading efficiency and supplement productivity. As economic and regulatory pressures are driving financial institutions to seek efficiency gains by improving the quality of software systems, firms are devoting increasing amounts of financial and human capital to maintaining their competitive edge. This book is written to aid the management and development of IT systems for financial institutions. Although the book focuses on the securities industry, its solution framework can be applied to satisfy complex automation requirements within very different sectors of financial services – from payments and cash management, to insurance and securities. Electronic and Algorithmic Trading: The Complete Guide is geared toward all levels of technology, investment management and the financial service professionals responsible for developing and implementing cutting-edge technology. It outlines a complete framework for successfully building a software system that provides the functionalities required by the business model. It is revolutionary as the first guide to cover everything from the technologies to how to evaluate tools to best practices for IT management. First book to address the hot topic of how systems can be designed to maximize the benefits of program and algorithmic trading Outlines a complete framework for developing a software system that meets the needs of the firm's business model Provides a robust system for making the build vs. buy decision based on business requirements