hft

📅 2025-04-18T19:03:44.833Z
👁️ 17 katselukertaa
🔓 Julkinen


Title: 
All About HFT The Easy Way to Get Started 
-- Everything you need to know Including: 
- internal config of HFT
- comparison benefit/drawback; as well as inherent risks
- who profits from HFT- and how they do it 

Author:
Michael Durbin 2010 McGrawHill

Tags: thriller

Description:
"This book is written by a UNC business professor, with Citadel experience, who provides a "flyover" of the HFT-landscape.  In the preface he explains how the book is structured: define HFT, trade types, and how they relate; archetypes 4 traders and how HFT fits in; trade strategies; debate is it good or bad.  There are six chapters- Busted, Trade 101, Trade Strategy, Achieve Speed, Under Hood, HFT Debate. Overall, I believe he subtly supports HFT(despite no outright comment in support)- through colloquialisms (jig, smack-down), word-frequency (when laying out both sides of debate), and consistent argument put forth at beg/end of book- that this is natural evolution of system. 


Busted  Trade101  TradeStrategy  AchieveSpeed  UnderHood  HFTDebate
======= ========= ============== ============= ========== ===========
                            
        Active    Adv. Select    US,EU,berm.   «AutoHedger»
        All-None  Alg. Strat     API
        ATS       α _greeks       



//personal view:
- colorful early frontier days counterfeiter joke: the jig/catching on -- can you break $18; sure want 2 $9 or 3 $6 

- to really understand this, 1. need to make flashcards of glossary/terms 2. work-book of strategies (ie how AutoHedger effect \delta \rho )

- get fast -- but not faster than a computer (mean-trade-time 0.5sec ~2005☺)