Inside the Black Box: A Simple Guide to Quantitative and High Frequency Trading, 2/e (Hardcover)

In this updated edition of his bestselling book, Rishi K Narang offers in a straightforward, nontechnical style—supplemented by real-world examples and informative anecdotes—a reliable resource takes you on a detailed tour through the black box. He skillfully sheds light upon the work that quants do, lifting the veil of mystery around quantitative trading and allowing anyone interested in doing so to understand quants and their strategies. This new edition includes information on High Frequency Trading.

• Offers an update on the bestselling book for explaining in non-mathematical terms what quant and algo trading are and how they work
• Provides key information for investors to evaluate the best hedge fund investments
• Explains how quant strategies fit into a portfolio, why they are valuable, and how to evaluate a quant manager

This new edition of Inside the Black Box explains quant investing without the jargon and goes a long way toward educating investment professionals.

《揭開量化交易與算法交易迷霧的新版書籍》

在這本暢銷書的更新版中，Rishi K Narang以直接、非技術性的風格，輔以實際案例和資訊性軼事，提供了一個可靠的資源，詳細介紹了黑盒交易。他巧妙地揭示了量化交易從業人員的工作，揭開了量化交易的神秘面紗，讓任何對此感興趣的人都能理解量化交易從業人員及其策略。這個新版還包括了關於高頻交易的資訊。

本書以非數學術語解釋了量化交易和算法交易的概念和運作方式，為投資者評估最佳對沖基金投資提供了關鍵信息。它還解釋了量化策略如何融入投資組合，為什麼它們有價值，以及如何評估量化交易經理人。

這本《揭開黑盒子的內部》的新版在沒有行業術語的情況下解釋了量化投資，對於教育投資專業人士有很大的幫助。