Algorithmic trading, also called automated trading, black-box trading, or algo trading, is the use of electronic platforms for entering trading orders with an algorithm which executes pre-programmed trading instructions accounting for a variety of variables such as timing, price, and volume.

1. Algorithmic
Trading
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2. Quantitative
Finance

3. The varieties of different kinds of quant.
Quants come in three basic varieties.
1. Structurers: people who price complex financial instruments.
There are going to be quant jobs which don’t fit exactly into these categories,
there is a lot of overlap between traders and risk managers

4. The varieties of different kinds of quant.
Quants come in three basic varieties.
2. Risk managers: people who manage portfolio risk.
There are going to be quant jobs which don’t fit exactly into these categories,
there is a lot of overlap between traders and risk managers

5. The varieties of different kinds of quant.
Quants come in three basic varieties.
3. Quant traders: people who use statistics to make money by
buying and selling.
There are going to be quant jobs which don’t fit exactly into these categories,
there is a lot of overlap between traders and risk managers

6. Successful quant traders don’t like
to talk about what they do.
Structurers and risk managers have
to talk about what they do.

7. To make money as a trader,
assuming your motivation is to
make a profit, you need to buy
low and sell high.

8. 1. Liquidity peddlers
Market makers earn the spread.
Trading Strategies / Type of trader

9. 2. Arbitrageurs
Earn a different kind of spread.
Trading Strategies / Type of trader

10. 3. Statistical arbitrageurs
Hybrid of liquidity peddlers and arbitrageurs.
Trading Strategies / Type of trader

11. 4. Fundamentals traders
The electrical version of Warren Buffet.
Trading Strategies / Type of trader

12. 5. Hedgers
Trading as a form of insurance.
Trading Strategies / Type of trader

13. 6. Noise traders
Trading Strategies / Type of trader

14. High-Frequency Trading (HFT)
Speed is important in all kinds of trades.

15. ALGO TRADING DEVELOPMENT FRAMEWORK
(HTTP://WWW.QUANTHOUSE.COM/ALGO-TRADING)

16. Algorithmic Trading System Architecture
(http://www.stuartreid.co.za/algorithmic-trading-system-architecture-post)

17. OpenQuant is an Automated Trading
System (ATS) Development Platform
designed around the well known SmartQuant
Financial Data Analysis and Trading
Framework.
(http://www.smartquant.com/openquant.html)