The new realities
Financial markets change. And they change rapidly. Technology has revolutionized the way financial instruments are traded. Being involved in the trading process nowadays is way more complex than it was before. Automated trading is everywhere now. There is no step back. That is why being informed about the new realities in financial markets is what matters the most.
High-Frequency Trading & Dark Pools
This course will guide you through High-Frequency Trading - the hottest topic on financial markets right now. The revolutionary state-of-the-art technology is reshaping financial markets in a way, that is never seen before. Being aware of its characteristics is the only way for one to keep up with the pace of these new realities.
The importance of being informed
The financial sector is an ever-evolving environment. This set of lectures will provide you with all the needed information about the recent and most important aspects of their development:
After completing this course, you will be able to demonstrate advanced knowledge on the topic of High-Frequency Trading and be informed enough to make the right investment decisions.
In this lecture, we will analyze the prerequisites for the trillion-dollar crash that took place on May 6th, 2010. We will go through the most noticeable facts that made the Flash Crash one of the most important points of discussion in the recent years, when it comes to financial markets and their stability.
In this lecture will lay the foundations for our further analysis of High-Frequency Trading. We will look further to the way, in which this technology exploits the existent market inefficiencies. We will analyze the prerequisites for the formation of the High-Frequency Trading technology and track down its evolution through the years.
This lecture aims at tracking down the transformation of exchanges, starting with the issuance of systemically important legislations both in the US and the EU. Big part of the lecture is dedicated to the way exchanges operate nowadays, their biggest clients and the so called "Maker-Taker" model.
This short lecture reveals important characteristics and interesting facts about the High-Frequency Trading companies, such as:
One of the most widely discussed topics, concerning High-Frequency Trading is its effect on different aspects of the market environment, such as:
We will tackle these questions with some practical examples from the recent history of financial markets.
In this lecture, we will analyze the behavior of High-Frequency Traders on May 6th, 2010. We will try to track if there is any link between the High-Frequency Trading activity and the market nosedive that took place on that day by focusing on the performance of the S&P 500 E-mini.
In terms of trading volume, exchanges are now making way for dark pools. In this lecture, we will look further into these popular trading venues and their complicated structure. We will track their history and recent development, as well as their main advantages and disadvantages for investors.
In this lecture we will find out more about one of the more popular trading strategies among High-Frequency Traders and the way it is applied.
The topic of this lecture is another arbitrage strategy, focused on exploiting existing weaknesses in the market structure and the pricing process on exchanges and dark pools.
In this lecture we will go through one of the most innovative trading strategies that High-Frequency Traders actively apply.
This lecture combines two interesting rebate strategies - Market Making Rebate Arbitrage and Latency Rebate Trading. Their success is very dependent on colocation.
In this lecture, we will focus on a very aggressive trading strategy focused on registering large number of small profits and not on their individual amount.
This set of questions will track your broad and detailed understanding of the topics that we focused on in the lectures. All the needed information for passing the quiz can be found in the lectures.
Remember: each question has only one correct answer
Graduated MSc in Financial Markets
Experience in the development and implementation of quantitative backtesting strategies
Top rankings in national and international trading competitions
Invited to speak about High-Frequency Trading and its effect on volatility at various conferences across Europe
Professional experience in credit lending, private insurance and investment consulting
Long-serving national ambassador for Bloomberg