Book description
The financial industry's leading independent research firm's
forward-looking assessment into high frequency trading
Once regarded as a United States-focused trend, today, high frequency
trading is gaining momentum around the world. Yet, while high
frequency trading continues to be one of the hottest trends in the
markets, due to the highly proprietary nature of the computer
transactions, financial firms and institutions have made very little
available in terms of information or "how-to" techniques.
That's all changed with The High Frequency Game Changer: How
Automated Trading Strategies Have Revolutionized the Markets. In
the book, Zubulake and Lee present an overview of how high frequency
trading is changing the face of the market. The book
- Explains how we got here and what it means to traders and investors
- Details how to build a high frequency trading firm, including
the relevant tools, strategies, and trading talent
- Defines key components common to HFT such as algorithms, low
latency trading infrastructure, collocation etc.
The High Frequency Game Changer takes a highly controversial
and extremely complicated subject and makes it accessible to anyone
with an interest or stake in financial markets.
PAUL ZUBULAKE is a senior analyst at Aite Group,
LLC, specializing in financial, energy and commodities futures, and
options markets. His expertise includes how the application of
technology, such as algorithmic trading and FIX protocol, is playing
an ever-increasing role in futures and options trading.
SANG LEE is a cofounder of Aite Group, LLC and currently serves
as the managing partner. Mr. Lee's expertise lies in the securities
and investments vertical and has advised many global financial
institutions, software/hardware vendors, and professional services
firms in sell-side and buy-side electronic trading technology and
market structure.
Lee and Zubulake have both been quoted extensively in the media,
including in the Wall Street Journal, New York Times, the Washington
Post, Financial Times, Business Week, Reuters, the Chicago Tribune,
and other publications.