High-Frequency Trading

A hands-on guide to the fast and ever-changing world of
high-frequency, algorithmic trading

Financial markets are undergoing rapid innovation due to the
continuing proliferation of computer power and algorithms. These
developments have created a new investment discipline called
high-frequency trading.

This book covers all aspects of high-frequency trading, from the
business case and formulation of ideas through the development of
trading systems to application of capital and subsequent
performance evaluation. It also includes numerous quantitative
trading strategies, with market microstructure, event arbitrage,
and deviations arbitrage discussed in great detail.

* Contains the tools and techniques needed for building a
high-frequency trading system

* Details the post-trade analysis process, including key
performance benchmarks and trade quality evaluation

* Written by well-known industry professional Irene Aldridge

Interest in high-frequency trading has exploded over the past
year. This book has what you need to gain a better understanding of
how it works and what it takes to apply this approach to your
trading endeavors.