Business Knowledge for IT in Trading and Exchanges

""Business Knowledge for IT in Trading and Exchanges" deals with the alignment of IT and business in Trading and the Exchanges (market in which securities, commodities, options or futures are traded) where trading takes place. The idea behind this publication is to introduce IT professionals to the concepts of the trading in the financial markets. The chapters in the book cover the following topics: Overview of Trading; Products traded at the Exchanges; Overview of Major Exchanges and Trading firms such as brokerages; Trends in Trading; Types of Traders; Systems used for trading and in the exchanges; Theoretical Concepts underpinning Liquidity and Volatility; And much more. The innovations in Trading and IT to be discussed include: Direct Market Access (DMA); Straight through Processing; Algorithmic Trading; Cloud Computing and Infrastructure optimisation and more.Contributors to this book include Nasdaq OMX, Intel, Ullink, Horizon Software, SunGard and Progress Software.