High-Frequency Trading: A Practical Guide to Algorithmic Strategies and Trading Systems

High-frequency trading is a difficult, but profitable, endeavorthat can generate stable profits in various market conditions. Butsolid footing in both the theory and practice of this disciplineare essential to success. Whether you're an institutional investorseeking a better understanding of high-frequency operations or anindividual investor looking for a new way to trade, this book haswhat you need to make the most of your time in today's dynamicmarkets.

Building on the success of the original edition, the SecondEdition of High-Frequency Trading incorporates thelatest research and questions that have come to light since thepublication of the first edition. It skillfully covers everythingfrom new portfolio management techniques for high-frequency tradingand the latest technological developments enabling HFT to updatedrisk management strategies and how to safeguard information andorder flow in both dark and light markets.

• Includes numerous quantitative trading strategies and tools forbuilding 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 selectedsample 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 andimplement this approach—until now. This book has everythingyou need to gain a firm grip on how high-frequency trading worksand what it takes to apply it to your everyday tradingendeavors.