PPT-High Frequency Trading with Speed

Hierarchies Wei Li Topics in Quantitative Finance Presented by Richard Lin Oct 5th 2015 Agenda Introduction Models and Findings Benchmark model General model Speed competition Market quality. and. Algorithmic Trading. Algorithmic Trading . (Automated Trading Systems) . . and. . High Frequency Finance. Saeed . Ebrahimijam. Fall . 2013 -2014. . Faculty of Business and Economics. Price Discovery. Terrence Hendershott . (. Jonathan Brogaard . Ryan Riordan). Technology has been good for markets. Is every use of technology good?. How do we think about (evaluate) HFT?. What are costs/benefits of those closest to the market?. : . . Finish . Ch. . 19. Start Sound . Ch. 20. H. omework due . today. Next homework . due Nov 13. . Preliminaries. What is the origin of sound? . . Vibrations. of . objects, e.g. . of a string, of a reed, of vocal cords... Frequency Inverter Application - General. BITZER Kühlmaschinenbau GmbH. 2013. Variable Speed Drive //. Frequency Inverter Application - General. Contents. Pros & cons. Basic principle & function. :. Finish Chap 15. Start Chap . 19 (Vibrations and Waves). . Vibrations. Some Preliminaries . Vibration = oscillation = anything that has a back-and-forth to it . Eg. . Draw a pen back and forth over the same line, repeatedly:. Issues and evidence. Joel Hasbrouck. 1. The US (Regulatory) Perspective. US CFTC Draft . Definition, May 2012:. High frequency trading is a form of automated trading that employs: . (a) algorithms for decision making, order initiation, generation, routing, or execution, for each individual transaction without human direction; . Hierarchies. Wei Li. Topics in Quantitative Finance. Presented by Richard Lin . Oct 5th 2015. Agenda. Introduction. Models and Findings. Benchmark model. General model. Speed competition. Market quality. Speed of a wave on a string:. T is tension sometimes listed as F for force on string.. m. is the density of the string mass/length. and . f . = . v. /. l. If wavelength is fixed, how does frequency change if v goes up?. Audible (. adj.) . able to be heard. Oscillate . (v.) . to sway from one side to another. Dissonance (. n.) . lack or harmony or consistency. Undulate (. v.) . to move in waves. SAT VOCAB TWO. Now that we are through with waves, we are moving onto the topic of sound. Sound waves are waves that are . Dennis Shasha. (mostly from Jake . Loveless’s. article. Goal. Receive packet. Perform business logic. Send out response in 100 microseconds or so. At those speeds everything matters. Speed of light vs. speed of . Have your science notebook out ready to take notes. Grab the sheet from the front. Brainstorm everything you currently know about sound. Be ready to share. . Sound Vibration. Is a wave that vibrates particles of matter. Processor speed. Instruction per second. Clock. The . clock rate. typically refers to the . frequency. at which a chip like a . central processing unit. (CPU), one core of a . multi-core processor. What is energy?. Make a list of the major forms of potential energy. Make a list of the major forms of kinetic . What do all mechanical waves need to exist?. Sketch a longitudinal wave. Label its parts. Draw an arrow to show how the energy moves through the wave.. launched in the United . States ?. BQOM 2521: Decision Making in a Complex Environment. Partha Ghosh. April 24, 2012. Agenda. History. High speed rail in the United States.