Professional Electronic Trading (Wiley Finance) - Hardcover

David James Norman

Hardcover

ISBN 10: 047082073X ISBN 13: 9780470820735

Publisher: John Wiley & Sons, 2002

Synopsis

This book tackles the concepts, technical architecture, recent developments, and future opportunities in the new field of direct access electronic markets. The author provides a comprehensive coverage of electronic market models, exchange platforms and networks, while describing ways in which professional electronic traders make money. Professional Electronic Trading is one of the few books that deals directly with the issues that industry professionals confront every day, making it an ideal reference and training tool. David James Norman (Chicago, IL) is Director of Electronic Markets Development at the Center for Law and Financial Markets at IIT. New technology and the advent of electronic trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today s volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market s ever changing temperament and have prospered some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in between, these books will provide the advice and strategies that are needed to succeed today as well as in the future.

About this title

About the Author

David Norman has worked in the financial services industry in London and Chicago over the last 17 years. A former open outcry options trader and derivatives booth broker on LIFFE, he has experienced many different aspects of the trading industry. He is now the Director of Electronic Market Development at the Center for Law and Financial Markets at the Illinois Institute of Technology. He has written several working papers about electronic markets, teaches a graduate class on electronic trading and contributes regularly to industry journals.

From the Back Cover

Professional Electronic Trading examines the concepts, technical architecture, recent developments, and future opportunities in the new and expanding field of "direct access" electronic markets. It provides a comprehensive coverage of electronic market models, exchange platforms and networks, while describing ways in which professional electronic traders make money. The book covers topics on new product formation, operational challenges, networks, regulation, clearing and settlement, the Internet and prospects for the future development of a worldwide trading culture using electronic exchange platforms.

Professional Electronic Trading will provide financial industry participants and sophisticated investors with an invaluable insight into the way that professional traders are currently taking advantage of these revolutionary digital marketplaces and sets them up for the future; a future with shockingly different rules! This is one of the few books that deals directly with the demanding and sometimes complex issues that financial industry professionals confront every day, making it an invaluable reference and training tool.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 2002
• Language: English
• ISBN 10: 047082073X
• ISBN 13: 9780470820735
• Binding: Hardcover
• Edition number: 1
• Number of pages: 360