An Introduction to Trading in the Financial Markets
Technology: Systems, Data, and Networks
- R. Tee Williams, R. "Tee" Williams is a well-known consultant and Principal of Tee Williams Associates. Tee has built industry recognition as an expert on market data operations and strategy.
New entrants into financial technology and financial markets positions, junior level financial technology and financial markets professionals looking to advance their careers.
- Published: August 2011
- Imprint: ACADEMIC PRESS
- ISBN: 978-0-12-374840-9
Table of Contents
- Brief history of technology evolution
- Basic concepts used in the discussion of relevant technology
- Entities, customers, accounts, and counterparties
- Quotes, orders, trade reports, displays and statutory reports
- Customer reporting and maintaining holdings, while responding to external events such as executions, instrument changes and customer decisions
Part 1: Systems
- Major types of systems, the purposes of systems, their attributes and important systems by entity and function
Part 2: Data
- Types and attributes of data used in the trading markets.
- The operational, business economic aspects of data, with extended discussion of the emerging discipline of "enterprise data management"
- The increasing importance of data in the regulatory process
Part 3: Network
- The purpose and attributes, and important emerging standards that enhance the connectivity that is spreading throughout trading markets.
Part 4: Processes
- Discussion of how each step in the trading process employs technology and generates information and events that affect all participants
- Examination of process engineering flow from Book 2, looking at systems, data and networks for each step in the process.
Summary and Conclusions