Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets

Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets

  • Downloads:2634
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2021-06-25 09:18:56
  • Update Date:2025-09-09
  • Status:finish
  • Author:Donald MacKenzie
  • ISBN:0691211388
  • Environment:PC/Android/iPhone/iPad/Kindle

Reviews

Matthias Noch

It gives a solid overview of the history and legal background of HFT but is a bit weak on the technology side。 So it is an interesting addition but not a fundamental must-read。

Don Heiman

Princeton University Press in 2021 published Edinburg University of Scotland Professor Donald Mackenzie’s book “Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets。” The book describes how computer code, telecommunications networks, and sophisticated data centers are able to process international financial market transactions in 3-5 nanosecond (speed of light) processing times。 These high frequency trading (HFT) systems have a stunning impact on clearing ho Princeton University Press in 2021 published Edinburg University of Scotland Professor Donald Mackenzie’s book “Trading at the Speed of Light: How Ultrafast Algorithms Are Transforming Financial Markets。” The book describes how computer code, telecommunications networks, and sophisticated data centers are able to process international financial market transactions in 3-5 nanosecond (speed of light) processing times。 These high frequency trading (HFT) systems have a stunning impact on clearing house order book financial transactions。 Mackenzie’s research is based on professional code-writer personal interviews and excellent secondary publication references。 The book’s footnotes are very well done。 However, I would like a more detailed topic index。 (P) 。。。more