The financial technology environment is a dynamic, high-pressured, fast-paced world in which developing fast and efficient buy-and-sell order processing systems and order executing (clearing and settling) systems is of primary importance.
In this book, Roy Freedman presents both the technology and the finance side in this overview of this dynamic area.
He covers the broad range of topics involved in this industry - including auction theory, databases, networked computer clusters, back-office operations, derivative securities, regulation, compliance, bootstrap statistics, optimization, and risk management - in order to present an in-depth treatment of the current state-of-the-art in financial technology.
Each chapter concludes with a list of exercises; a list of references; a list of websites for further information; and case studies.