{"product_id":"machine-trading-deploying-computer-algorithms-to-conquer-the-markets-hardcover","title":"Machine Trading: Deploying Computer Algorithms to Conquer the Markets - Hardcover","description":"\u003cp\u003eby \u003cb\u003eErnest P. Chan\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eDive into algo trading with step-by-step tutorials and expert insight\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eMachine Trading\u003c\/i\u003e is a practical guide to building your algorithmic trading business. Written by a recognized trader with major institution expertise, this book provides step-by-step instruction on quantitative trading and the latest technologies available even outside the Wall Street sphere. You'll discover the latest platforms that are becoming increasingly easy to use, gain access to new markets, and learn new quantitative strategies that are applicable to stocks, options, futures, currencies, and even bitcoins. The companion website provides downloadable software codes, and you'll learn to design your own proprietary tools using MATLAB. The author's experiences provide deep insight into both the business and human side of systematic trading and money management, and his evolution from proprietary trader to fund manager contains valuable lessons for investors at any level. \u003c\/p\u003e\u003cp\u003eAlgorithmic trading is booming, and the theories, tools, technologies, and the markets themselves are evolving at a rapid pace. This book gets you up to speed, and walks you through the process of developing your own proprietary trading operation using the latest tools. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUtilize the newer, easier algorithmic trading platforms\u003c\/li\u003e \u003cli\u003eAccess markets previously unavailable to systematic traders\u003c\/li\u003e \u003cli\u003eAdopt new strategies for a variety of instruments\u003c\/li\u003e \u003cli\u003eGain expert perspective into the human side of trading\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe strength of algorithmic trading is its versatility. It can be used in any strategy, including market-making, inter-market spreading, arbitrage, or pure speculation; decision-making and implementation can be augmented at any stage, or may operate completely automatically. Traders looking to step up their strategy need look no further than \u003ci\u003eMachine Trading\u003c\/i\u003e for clear instruction and expert solutions.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFollowing up on his widely popular algorithmic trading guides, \u003ci\u003eQuantitative Trading and Algorithmic Trading\u003c\/i\u003e, this third installment is written for quant traders and investors ready for more advanced examinations and techniques. \u003ci\u003eMachine Trading\u003c\/i\u003e is your accessible companion for the state-of-the-art of algo-trading in today's complex markets.\u003c\/p\u003e \u003cp\u003eDon't worry if you lack trading and finance experience--if you've worked in a quantitative field, such as computer science, engineering, or physics, this step-by-step resource makes the transition into algorithmic trading seamless. It starts out with a comprehensive look at the latest backtesting and trading platforms, the best- rated and most cost-effective vendors' data, and the easiest way to optimize allocations in different assets and strategies. Acquire a firm grasp on options and volatility strategies; factor models, and why they can be useful to short-term traders; and the intricacies of intraday and high-frequency trading, including market microstructure, dark pools, order flow, and backtesting intraday strategies with tick data. There are no canned solutions inside--each prototype trading strategy provides a rock solid foundation for you to customize. Hone your skillset on topics such as: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eUsing factor models for long-term returns and short-term trades, including using option prices as factors\u003c\/li\u003e \u003cli\u003eReal-world trading with time series techniques, including ARIMA, VAR, and State Space Models with hidden variables\u003c\/li\u003e \u003cli\u003eCutting-edge techniques to reduce outfitting in artificial intelligence and machine learning strategies\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eEvery chapter includes hands-on exercises walking you through the critical modifications to make on your own to gain control of the strategies and discover their potential. From stocks to futures and options, foreign exchange, and bitcoins, \u003ci\u003eMachine Trading\u003c\/i\u003e is your one-stop training ground for finding algo-trading solutions.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eFollowing up on his widely popular algorithmic trading guides, \u003ci\u003eQuantitative Trading\u003c\/i\u003e and \u003ci\u003eAlgorithmic Trading\u003c\/i\u003e, this third installment is written for quant traders and investors ready for more advanced examinations and techniques. \u003ci\u003eMachine Trading\u003c\/i\u003e is your accessible companion for the state-of-the-art of algo-trading in today's complex markets. \u003c\/p\u003e\u003cp\u003eDon't worry if you lack trading and finance experience--if you've worked in a quantitative field, such as computer science, engineering, or physics, this step-by-step resource makes the transition into algorithmic trading seamless. It starts out with a comprehensive look at the latest backtesting and trading platforms, the best- rated and most cost-effective vendors' data, and the easiest way to optimize allocations in different assets and strategies. Acquire a firm grasp on options and volatility strategies; factor models, and why they can be useful to short-term traders; and the intricacies of intraday and high-frequency trading, including market microstructure, dark pools, order flow, and backtesting intraday strategies with tick data. There are no canned solutions inside--each prototype trading strategy provides a rock solid foundation for you to customize. \u003c\/p\u003e\u003cp\u003eHone your skillset on topics such as: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUsing factor models for long-term returns and short-term trades, including using option prices as factors\u003c\/li\u003e \u003cli\u003eReal-world trading with time series techniques, including ARIMA, VAR, and State Space Models with hidden variables\u003c\/li\u003e \u003cli\u003eCutting-edge techniques to reduce outfitting in artificial intelligence and machine learning strategies\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEvery chapter includes hands-on exercises walking you through the critical modifications to make on your own to gain control of the strategies and discover their potential. From stocks to futures and options, foreign exchange, and bitcoins, \u003ci\u003eMachine Trading\u003c\/i\u003e is your one-stop training ground for finding algo-trading solutions.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eERNEST P. CHAN\u003c\/b\u003e is the managing member of QTS Capital Management, LLC, a commodity pool operator and trading advisor since 2011. An alumnus of Morgan Stanley and Credit Suisse, he received his PhD in physics from Cornell University, and was a researcher in machine learning at IBM's T. J. Watson Research Center before joining the financial industry. He is the author of \u003ci\u003eQuantitative Trading\u003c\/i\u003e and \u003ci\u003eAlgorithmic Trading\u003c\/i\u003e. Find out more about Ernie at www.epchan.com.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 272\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.2 x 9.1 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 06, 2017\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42733345210431,"sku":"9781119219606","price":81.65,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0105\/8226\/1823\/files\/5c18217e0dff57db650846ae213a8e20.webp?v=1765135593","url":"https:\/\/dhlswag.com\/products\/machine-trading-deploying-computer-algorithms-to-conquer-the-markets-hardcover","provider":"BBB","version":"1.0","type":"link"}