Building Winning Algorithmic Trading Systems

Building Winning Algorithmic Trading Systems
Author: Kevin J. Davey
Publisher: John Wiley & Sons
Total Pages: 294
Release: 2014-06-11
Genre: Business & Economics
ISBN: 111877888X

Develop your own trading system with practical guidance and expert advice In Building Algorithmic Trading Systems: A Trader's Journey From Data Mining to Monte Carlo Simulation to Live Training, award-winning trader Kevin Davey shares his secrets for developing trading systems that generate triple-digit returns. With both explanation and demonstration, Davey guides you step-by-step through the entire process of generating and validating an idea, setting entry and exit points, testing systems, and implementing them in live trading. You'll find concrete rules for increasing or decreasing allocation to a system, and rules for when to abandon one. The companion website includes Davey's own Monte Carlo simulator and other tools that will enable you to automate and test your own trading ideas. A purely discretionary approach to trading generally breaks down over the long haul. With market data and statistics easily available, traders are increasingly opting to employ an automated or algorithmic trading system—enough that algorithmic trades now account for the bulk of stock trading volume. Building Algorithmic Trading Systems teaches you how to develop your own systems with an eye toward market fluctuations and the impermanence of even the most effective algorithm. Learn the systems that generated triple-digit returns in the World Cup Trading Championship Develop an algorithmic approach for any trading idea using off-the-shelf software or popular platforms Test your new system using historical and current market data Mine market data for statistical tendencies that may form the basis of a new system Market patterns change, and so do system results. Past performance isn't a guarantee of future success, so the key is to continually develop new systems and adjust established systems in response to evolving statistical tendencies. For individual traders looking for the next leap forward, Building Algorithmic Trading Systems provides expert guidance and practical advice.

Decisions and Reports

Decisions and Reports
Author: United States. Securities and Exchange Commission
Publisher:
Total Pages: 976
Release: 1969
Genre: Securities
ISBN:

The Triumph and Trade of Egyptian Objects in Rome

The Triumph and Trade of Egyptian Objects in Rome
Author: Stephanie Pearson
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 373
Release: 2021-04-06
Genre: Art
ISBN: 311070093X

From gleaming hardstone statues to bright frescoes, the unexpected and often spectacular Egyptian objects discovered in Roman Italy have long presented an interpretive challenge. How they shaped and were shaped by religion, politics, and identity formation has now been well researched. But one crucial function of these objects remains to be explored: their role as precious goods in a collector’s economy. The Romans imported and recreated Egyptian goods in the most opulent materials available – gold, gems, expensive wood, ivory, luxurious textiles – and displayed them like true treasures. This is due in part to the way Romans encountered these items, as argued in this book: first as dazzling spolia from the war against Cleopatra, then as costly wares exchanged over the expanding Roman trade routes. In this respect, Romans treated Egyptian art surprisingly similarly to Greek art. By examining the concrete mechanisms through which Egyptian objects were acquired and displayed in Rome, this book offers a new understanding of this impressive material at the crossroads of Hellenistic, Roman, and Egyptian culture.

Trading at the Speed of Light

Trading at the Speed of Light
Author: Donald MacKenzie
Publisher: Princeton University Press
Total Pages: 304
Release: 2023-01-31
Genre: Business & Economics
ISBN: 0691217785

A remarkable look at how the growth, technology, and politics of high-frequency trading have altered global financial markets In today’s financial markets, trading floors on which brokers buy and sell shares face-to-face have increasingly been replaced by lightning-fast electronic systems that use algorithms to execute astounding volumes of transactions. Trading at the Speed of Light tells the story of this epic transformation. Donald MacKenzie shows how in the 1990s, in what were then the disreputable margins of the US financial system, a new approach to trading—automated high-frequency trading or HFT—began and then spread throughout the world. HFT has brought new efficiency to global trading, but has also created an unrelenting race for speed, leading to a systematic, subterranean battle among HFT algorithms. In HFT, time is measured in nanoseconds (billionths of a second), and in a nanosecond the fastest possible signal—light in a vacuum—can travel only thirty centimeters, or roughly a foot. That makes HFT exquisitely sensitive to the length and transmission capacity of the cables connecting computer servers to the exchanges’ systems and to the location of the microwave towers that carry signals between computer datacenters. Drawing from more than 300 interviews with high-frequency traders, the people who supply them with technological and communication capabilities, exchange staff, regulators, and many others, MacKenzie reveals the extraordinary efforts expended to speed up every aspect of trading. He looks at how in some markets big banks have fought off the challenge from HFT firms, and how exchanges sometimes engineer technical systems to favor certain types of algorithms over others. Focusing on the material, political, and economic characteristics of high-frequency trading, Trading at the Speed of Light offers a unique glimpse into its influence on global finance and where it could lead us in the future.

The Number That Changed My Life

The Number That Changed My Life
Author: Jeffrey W. Snyder
Publisher: Made For Success Publishing
Total Pages: 303
Release: 2014-08-07
Genre: Biography & Autobiography
ISBN: 1613394667

Living in the fast lane and letting the good times roll. Exotic cars, expensive jewelry, opulent vacation homes and a seven fi gure bank account. This real life, Hollywood drama opens with what seems a wonderful dream, but then reality... A fleet of shiny black SUVs come screeching into his driveway. With his wife held at gunpoint by federal agents, Jeff is dragged away to prison for “questionable business practices.” 41196: The Number That Changed My Life is a riveting, true life story of Jeff Snyder. Through a series of life altering events, Jeff became a cooperating witness against his father; the criminal mastermind behind numerous Ponzi schemes, stolen identities, money laundering scams, and who eventually became a fugitive living in Central America. Through this author’s journey, you will witness an incredible outcome as Jeff is dragged off to jail a broken man and manages to find the strength to overcome his life’s biggest adversity. This transformational saga will keep you on the edge of your seat, stunned and dumbfounded, and will alter the way you view your personal adversities.

Managed by the Markets

Managed by the Markets
Author: Gerald F. Davis
Publisher: OUP Oxford
Total Pages: 328
Release: 2009-03-26
Genre: Business & Economics
ISBN: 0191607584

The current economic crisis reveals just how central finance has become to American life. Problems with obscure securities created on Wall Street radiated outward to threaten the retirement security of pensioners in Florida and Arizona, the homes and college savings of families in Detroit and Southern California, and ultimately the global economy itself. The American government took on vast new debt to bail out the financial system, while the government-owned investment funds of Kuwait, Abu Dhabi, Malaysia, and China bought up much of what was left of Wall Street. How did we get into this mess, and what does it all mean? Managed by the Markets explains how finance replaced manufacturing at the center of the American economy and how its influence has seeped into daily life. From corporations operated to create shareholder value, to banks that became portals to financial markets, to governments seeking to regulate or profit from footloose capital, to households with savings, pensions, and mortgages that rise and fall with the market, life in post-industrial America is tied to finance to an unprecedented degree. Managed by the Markets provides a guide to how we got here and unpacks the consequences of linking the well-being of society too closely to financial markets.

American Trade Politics and the Triumph of Globalism

American Trade Politics and the Triumph of Globalism
Author: Orin Kirshner
Publisher: Routledge
Total Pages: 233
Release: 2014-05-09
Genre: Political Science
ISBN: 1317804112

A deep and unresolved tension exists within American trade politics between the nation’s promotion of an open world trading system and the operations of its democratic domestic political regime. Whereas most scholarly attention has focused on how domestic politics has interfered with the United States’ global economic leadership, Orin Kirshner offers here an analysis of the ways in which U.S. leadership in the arena of global trade has affected American democracy and the domestic political regime. By participating in multilateral trade agreements, the U.S. Congress has transferred its trade policymaking authority to the president and, through international trade negotiations, from the American state to the GATT/WTO regime. This reorganization of policymaking authority has resulted in the "triumph of globalism," and fundamentally alters the citizen-state relationship assumed in democratic theory. Kirshner illustrates this process through four case studies: The Reciprocal Trade Agreements Act of 1945, The Trade Expansion Act of 1962, The Trade Act of 1974, The Omnibus Trade and Competitiveness Act of 1988, and further examines the impact of the Uruguay Round Agreements Act of 1994 on the political and institutional structure of American trade politics up to the current period. American Trade Politics and the Triumph of Globalism makes a significant contribution to the study of both international trade and domestic American politics. This is essential reading for students and scholars of trade policy, international political economy, American politics, and democratic theory.