Introduction to Financial TechnologyThe 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. The orders involved come from an ever-changing network of people (traders, brokers, market makers) and technology. To prepare people to succeed in this environment, seasoned financial technology veteran Roy Freedman presents both the technology and the finance side in this comprehensive 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.
|
From inside the book
Results 1-5 of 19
... digit (sometimes called an octet or a byte) can represent three binary digits (a binary digit is also called a bit). We could say that if each arm of a Chappe telegraph had eight recognizable positions, then each arm transmits one octal ...
... digit to the right of the hyphen represents eighths of a 32nd. In general, the decimal hyphen notation for a bond price is P −QR = P + Q + 1·R8 = P + Q + 4·R decimal−hyphen 32 32 32 32 ·32 Here, P represents a decimal whole number for ...
You have reached your viewing limit for this book.
You have reached your viewing limit for this book.
You have reached your viewing limit for this book.