…Intelligent Investor Galbraith - The Affluent Society Galbraith - The Great Crash Milton Friedman - Capitalism and Freedom Nassim Taleb - Black Swan Ron Suskind - Confidence Men Scott Patterson - Dark Pools If you want to delve into heterodox economics afterward, start with the following: Hayek - Individualism and Economic Order Mises - Human Action Rothbard - Man, Economy, State
……别害怕重温基础。关于他的荐书，《Trading and Exchanges》棒极了。迈克尔·刘易斯的《Flash Boys》不行，不如去看斯科特·帕特森的《暗池》http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... 如果你非要读《Flash Boys》，那至少读读 HFT 业内人士的反驳 https://news.ycombinator.com/item?id=8577237，那要启发性得多……
…Don't be afraid to go back to basics. On his book recommendations, Trading and Exchanges is awesome. Michael Lewis' Flash boys is not, read Scott Patterson's DarkPools instead http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... If you are determined to read Flash Boys then atleast read the counter argument by a HFT https://news.ycombinator.com/item?id=8577237 Its a much more enlightening read…
The book DarkPools does a decent job of describing the rise of machine based trading that eventually replaced pit traders. http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... Good riddance, the markets are better off in almost every way but removing pit traders. - end of day's reconcile, -machines aren't tempted to "lose" trade tickets…
…increments of a penny, which is a lot, try, say, 1/100,000th of a penny (8 digit precision on the price). If we accept financial services as a whole to be OK, then HFT certainly is. I'd suggest the book "Dark Pools": https://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp... It describes how automatic trading started. If you're a programmer, you'll probably have your mouth hanging open realising how up-for-grabs…
I recommend the book "Dark Pools" by Scott Patterson[1]. It is an account of how traders beat each other by microseconds to get an order in, and can find and exploit every possible way they can in order to get an advantage. There is…
As someone who has worked in the industry, Flash Boys is literally the worst intro you could find into electronic trading. Dark Pools by Scott Patterson is much, much better (and even it gets basic facts incorrect).
……《聪明的投资者》；加尔布雷思——《富裕社会》；加尔布雷思——《1929年大崩盘》；米尔顿·弗里德曼——《资本主义与自由》；纳西姆·塔勒布——《黑天鹅》；罗恩·苏斯金德——《信心危机》；斯科特·帕特森——《暗池》。如果之后你想深入研究非主流经济学，可以从以下几本开始：哈耶克——《个人主义与经济秩序》；米塞斯——《人的行动》；罗斯巴德——《人、经济与国家》
…Intelligent Investor Galbraith - The Affluent Society Galbraith - The Great Crash Milton Friedman - Capitalism and Freedom Nassim Taleb - Black Swan Ron Suskind - Confidence Men Scott Patterson - Dark Pools If you want to delve into heterodox economics afterward, start with the following: Hayek - Individualism and Economic Order Mises - Human Action Rothbard - Man, Economy, State
……别害怕重温基础。关于他的荐书，《Trading and Exchanges》棒极了。迈克尔·刘易斯的《Flash Boys》不行，不如去看斯科特·帕特森的《暗池》http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... 如果你非要读《Flash Boys》，那至少读读 HFT 业内人士的反驳 https://news.ycombinator.com/item?id=8577237，那要启发性得多……
…Don't be afraid to go back to basics. On his book recommendations, Trading and Exchanges is awesome. Michael Lewis' Flash boys is not, read Scott Patterson's DarkPools instead http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... If you are determined to read Flash Boys then atleast read the counter argument by a HFT https://news.ycombinator.com/item?id=8577237 Its a much more enlightening read…
《暗池》这本书相当不错地描述了最终取代场内交易员的机器交易的崛起。http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... 真是谢天谢地，除了干掉场内交易员这点以外，市场在几乎所有方面都变得更好了。——收盘对账、——机器不会起歪心思去“弄丢”交易单……
The book DarkPools does a decent job of describing the rise of machine based trading that eventually replaced pit traders. http://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp/... Good riddance, the markets are better off in almost every way but removing pit traders. - end of day's reconcile, -machines aren't tempted to "lose" trade tickets…
……以一分钱为步长变动，这幅度已经很大了，试试比如 1/100,000 美分（价格精确到 8 位小数）。如果我们能全盘接受金融服务，那高频交易（HFT）当然也没问题。我推荐《暗池》这本书：https://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp... 它描述了自动化交易是如何起步的。如果你是个程序员，当你意识到当时这块蛋糕有多容易被随便抢夺时，你大概会惊讶得合不拢嘴……
…increments of a penny, which is a lot, try, say, 1/100,000th of a penny (8 digit precision on the price). If we accept financial services as a whole to be OK, then HFT certainly is. I'd suggest the book "Dark Pools": https://www.amazon.com/Dark-Pools-Machine-Traders-Rigging/dp... It describes how automatic trading started. If you're a programmer, you'll probably have your mouth hanging open realising how up-for-grabs…
我推荐斯科特·帕特森写的《暗池》[1]。它记录了交易员们如何为了抢先下单而卷到微秒级，为了获得优势无所不用其极地寻找和利用一切漏洞。这里面……
I recommend the book "Dark Pools" by Scott Patterson[1]. It is an account of how traders beat each other by microseconds to get an order in, and can find and exploit every possible way they can in order to get an advantage. There is…
作为一个在这个行业干过的人，《Flash Boys》简直是你了解电子交易能找到的最烂入门读物了。斯科特·帕特森的《暗池》要好得多得多（即便连它也有一些基础事实错误）。
As someone who has worked in the industry, Flash Boys is literally the worst intro you could find into electronic trading. Dark Pools by Scott Patterson is much, much better (and even it gets basic facts incorrect).