Trading System Architecture Explained by Thomas V. Trex (.ePUB)
File Size: 11.3 MB
Trading System Architecture Explained: Where Latency Hides and How Design Matters by Thomas V. Trex
Requirements: .ePUB reader, 11.3 MB
Overview: Electronic trading is now a race measured in microseconds, where architecture choices quietly decide who wins before the strategy ever sees the market. This book is written for quantitative developers, trading technologists, and technically inclined traders who need to understand not just how to write strategies, but how the entire stack beneath them creates or destroys edge. It connects market microstructure, networks, hardware, and software design into a coherent view of where latency truly hides.
Across the chapters, you will learn how orders traverse fragmented markets, how to define and measure latency rigorously, and how to design architectures that minimize both average and tail delays. The book walks through market data pipelines, order gateways, kernel-bypass networking, CPU and OS tuning, and end-to-end observability. You will see how economic incentives, protocol details, and implementation patterns interact—translating design decisions into fill rates, queue position, and execution quality.
Genre: Non-Fiction > Tech & Devices
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