Electronic trading is transforming the volume, speed, transparency, liquidity and risk of trading in instruments of virtually all major asset classes, and has also facilitated the creation of new trading strategies such as high frequency and algorithmic trading. This course is designed to introduce a roadmap of current participants in electronic markets, to depict how trades are executed electronically, to demystify the jargon, to describe various new trading strategies enabled by electronic trading, to show how new risks arise in those strategies and in new instruments such as ETFs, and to explore important regulatory considerations such as transparency, price execution and clearing.
Goals include understanding key dynamics in common sense and less quantitative ways, and gaining sufficient confidence to engage others on these topics. Participants should expect an interactive and exercise oriented format wherever possible.
Electronic Trading Course objectives:
By the end of the course, participants will be able to:
- Recognize the nature and scope of electronic trading
- Describe how different asset classes are traded electronically
- Explain algorithmic and high frequency trading
- Discuss trading strategies facilitated by electronic trading
- Identify and describe distinctions between exchanges, ECNs, SEFs and CCPs
- Identify risks associated with electronic trading
Prerequisites: Fundamentals of the Securities Industry or equivalent knowledge
Program Level: Foundation
Advance Preparation: None
Recommended CPE Credits: 7
Contact us today to find out about our Electronic Trading course.