Trading at the Speed of Light

افزودن به بوکمارک اشتراک گذاری 0 دیدگاه کاربران 4 (1)

How Ultrafast Algorithms Are Transforming Financial Markets

مشارکت: عنوان و توضیح کوتاه هر کتاب را ترجمه کنید این ترجمه بعد از تایید با نام شما در سایت نمایش داده خواهد شد.

ترجمه این کتاب مشاهده همه کتاب های ترجمه نشده

How Ultrafast Algorithms Are Transforming Financial Markets

A remarkable look at how the growth, technology, and politics of high-frequency trading have altered global financial markets

In today's financial markets, trading floors on which brokers buy and sell shares face-to-face have increasingly been replaced by lightning-fast electronic systems that use algorithms to execute astounding volumes of transactions. Trading at the Speed of Light tells the story of this epic transformation. Donald MacKenzie shows how in the 1990s, in what were then the disreputable margins of the US financial system, a new approach to trading--automated high-frequency trading or HFT--began and then spread throughout the world. HFT has brought new efficiency to global trading, but has also created an unrelenting race for speed, leading to a systematic, subterranean battle among HFT algorithms.

In HFT, time is measured in nanoseconds (billionths of a second), and in a nanosecond the fastest possible signal--light in a vacuum--can travel only thirty centimeters, or roughly a foot. That makes HFT exquisitely sensitive to the length and transmission capacity of the cables connecting computer servers to the exchanges' systems and to the location of the microwave towers that carry signals between computer datacenters. Drawing from more than 300 interviews with high-frequency traders, the people who supply them with technological and communication capabilities, exchange staff, regulators, and many others, MacKenzie reveals the extraordinary efforts expended to speed up every aspect of trading. He looks at how in some markets big banks have fought off the challenge from HFT firms, and how exchanges sometimes engineer technical systems to favor certain types of algorithms over others.

Focusing on the material, political, and economic characteristics of high-frequency trading, Trading at the Speed of Light offers a unique glimpse into its influence on global finance and where it could lead us in the future.

لغو

گزارش تخلف

مغایرت عنوان کتاب با توضیحات و تصویر جلد
عدم رعایت حقوق نشر طبق قوانین جمهوری اسلامی ایران
محتوای مستهجن
توهین به قومیتها و محتوای نژادپرستی
توهین به اقیلیتهای مذهبی
اهانت به مقامات سیاسی و مذهبی
اشاعه ی کودک آزاری
سایر موارد

بستن

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2021

نویسنده

Donald MacKenzie

ناشر

Princeton University Press

شابک

9780691217796

20,000 تومان

خرید کتاب مطالعه نمونه درخواست ترجمه کتاب

خرید کتاب Trading at the Speed of Light

Trading at the Speed of Light

گزارش تخلف

فرمت کتاب

ebook

زبان

english

تاریخ انتشار

2021

نویسنده

ناشر

شابک

کتاب های مرتبط

Economics For Dummies

Unmistakable

Corporate Creativity

The Bridge to Growth

Estate Sales Made Easy

Toward Sustainable Communities

Brand Aid

Hollywood

Conquering the Seven Summits of Sales

Creativity Rules

Conversation Starters for Every Grandparent

You Need More Money

Rock Your Business

Firestarters

Dear Client

Crack the Marketing Case and Interview Like a CMO

The Pomodoro Technique

Woman to Woman

Counter Mentor Leadership

Nimble

Peak Business Performance Under Pressure

دیدگاه کاربران