Access Today The Speed Traders: An Insiders Look At New High-Frequency Phenomenon That Is Transforming The Investing World Articulated By Edgar Perez In Text
the history regarding the Flash Crash and how this affected highfrequency trading, A very exhaustive book on this matter, referring to a bunch of important trading firms around the world and how they developed over time, including the promised interviews to VIP in this topic.
Yet a little too much of history that fatigues the reader, hjgdhj The secrets of highfrequency trading revealed! "Edgar's book is fantastic, . . I recommend it highly. "
Bart Chilton, Commissioner, United States Commodity Futures Trading Commission CFTC
"I have interviewed the most successful highfrequency traders in New York and Chicago, but I have learned so much more by reading Perez's book.
He covers the most relevant topics we need to know today and tomorrow, "
Mark Abeshouse, Chairman, Augustus Capital
"Alternating between an annotated timeline of the development of highfrequency trading and interviews with top highfrequency traders, Perez illuminates the world of speed.
All in all, an enlightening book, "
Brenda Jubin, contributor to Seeking Alpha
"This is a comprehensive and compelling summary of the trading industry in general, as well as highfrequency trading.
If you are interested in this field or of knowing a critical component of all future marketsread this book.
"
Paul Dowding, Managing Director, Meridian Equity Partners
"Very timely, covers theFlash Crash and the current highfrequency trading environment.
"
Patrick Sweeney, Vice President, JP Morgan Chase
"There is a new day in trading and speed is the key.
Edgar Perez is the poster child, "
Eugene Steele, Managing Partner, Trading Rooms World Wide
About the Book:
Highfrequency traders have been called many thingsfrom masters of the universe and market pioneers to exploiters, computer geeks, and even predators.
Everyone in the business of investing has an opinion of speed traders, but how many really understand how they operate The shadow people of the investing world, today's highfrequency traders have decidedly kept a low profileuntil now.
In The Speed Traders, Edgar Perez, founder of the prestigious business networking community Golden Networking, opens the door to the secretive world of highfrequency trading HFT.
Inside, prominent figures of HFT drop their guard and speak with unprecedented candidness about their trade,
Perez begins with an overview of computerized trading, which formally began on February,, when NASDAQ launched the world's first
electronic market with,overthecounter stocks and which has evolved into the presentday practice of making multiple trades in a matter of microseconds.
He then picks the brains of today's top players, Manoj Narang Tradeworx, Peter van Kleef Lakeview Arbitrage, and Aaron Lebovitz Infinium Capital Management are just a few of the luminaries who decided to break their silence and speak openly to Perez.
Virtually all of the expertise available from the world of speed trading is packed into these pages,
You'll get insight from HFT's most influential trailblazers on the important issues, including:
The basics of launching an HFT platform
The important role speed traders play in providing market liquidity
The real story behind the "flash crash" of May
Emerging global HFT markets
MampA and consolidation among the world's biggest exchanges
The Speed Traders is the most comprehensive, revealing work available on the most important development in trading in generations.
Highfrequency trading will no doubt play an ever larger role as computer technology advances and the global exchanges embrace fast electronic access.
Essential reading for regulators and investors alike, The Speed Traders explains everything there is to know about how today's highfrequency traders make millionsone cent at a time.
Most Comprehensive Book on the Subject Matter
Edgar Perezs new book is a must read for anyone eager to learn more about the complex world of high frequency trading.
“The Speed Traders” sheds light through the authors expert analysis of the subject matter as well as through his interviews of traders in the industry.
The book provides a timeline of when HFT emerged, where it is now and the likely direction it will take in the future.
His in depth analysis of the flash crash is one of my favorite parts because previously, I did not really understand the in depth logistics of what actually happened.
I really like how Mr, Perez provides stimulating contrast by alternating between major events in the HFT world and interviews with involved traders in the industry.
The six interviews really provide the some of the most interesting material because you really get an inside look of the industry in a manner otherwise not possible.
It is refreshing to see an expert finally write about this subject in a comprehensive manner, This book delivers information that similar books cannot match, A great read for novices and the informed, alike,
I'd counter the previous review, This book stands out as a simple and brief overview of the history HFT and speed trading which stands the test of timeyears later in a changed environment.
Though not up to date, that is one of its strengths, showing key players and mergers in the low latency landscape which a newbie to the industry might not be familiar with sitelink post a comment.