Optimal Trading Strategies: Quantitative Approaches for Managing Market Impact and Trading Risk - Hardcover

Kissell

Hardcover

ISBN 10: 0814407242 ISBN 13: 9780814407240

Publisher: Amacom, 2003

Synopsis

"The decisions that investment professionals and fund managers make have a direct impact on investor return. Unfortunately, the best implementation methodologies are not widely disseminated throughout the professional community, compromising the best interests of funds, their managers, and ultimately the individual investor. But now there is a strategy that lets professionals make better decisions. This valuable reference answers crucial questions such as:

* How do I compare strategies?

* Should I trade aggressively or passively?

* How do I estimate trading costs, ""slice"" an order, and measure performance?

and dozens more. Optimal Trading Strategies is the first book to give professionals the methodology and framework they need to make educated implementation decisions based on the objectives and goals of the funds they manage and the clients they serve."

About this title

Review:

"...brilliantly fill[s] a significant gap in the literature and its applications in real-life trading...provides an accessible introduction to the science of trading...a thorough quantitative handling for those looking for the highest level of detail.- www.seekingalpha.com ."..brilliantly fill[s] a significant gap in the literature and its applications in real-life trading...provides an accessible introduction to the science of trading...a thorough quantitative handling for those looking for the highest level of detail.-- www.seekingalpha.com ..".brilliantly fill[s] a significant gap in the literature and its applications in real-life trading...provides an accessible introduction to the science of trading...a thorough quantitative handling for those looking for the highest level of detail.-- www.seekingalpha.com

Synopsis:

Trading professionals, especially those with corporate clients, rack up millions of dollars in transaction costs each day. How trades are planned, structured, and executed has a direct and enormous impact on the value of the investment and on the profitability for the money manager. "Optimal Trading Strategies" is the first book devoted to a thorough mathematical and strategic analysis of these costs and how traders can minimize them, in turn maximizing returns on investments and efficiency of trades.

About this edition

• Publisher: Amacom
• Publication date: 2003
• ISBN 10: 0814407242
• ISBN 13: 9780814407240
• Binding: Hardcover
• Number of pages: 350