Developing High-Frequency Trading Systems: Learn how to implement high-frequency trading from scratch with C++ or Java basics

Excellent, comprehensive book on high frequency trading systems for people with prior knowledge of computer science. The book begins with an explanation of what HFT is and focuses on the exchange and traders' side of things. In the second part of the book, it looks at HFT from more of a computer engineering point of view with hardware, operating systems, and network protocols. In the last part of the book, it gets into the programming side of things. Implementation in C++, Java, and even the possible implementation of Python are discussed. Application of HFT to the cryptocurrency market is also touched upon.

EDIT: removed external linksThe only good thing about this "book" is that it essentially compiles everything into one spot so you don't have to go looking for it. For that reason just looking at the table of contents in the preview that Amazon provides is sufficient to extract all its value.The authors for some reason thought it would be acceptable to rip off a bunch of online articles, change a few words here and there, reorder some sentences a bit and call it a book (see attached images for examples). I actually realized this when I went to look deeper into some concepts only to find that I'm reading the same stuff basically word for word. This was extremely disappointing...This is on top of obvious typos and poor editing. At one point I even found the same paragraph copy-pasted in two different sections on two adjacent pages (see attached images).20% of the book is just text saying what will be covered next, followed by some actual content and then another paragraph or two summarizing the same. Sometimes this is done for sections that are less than a page long, which makes the book tedious to read. It feels extremely unnecessary and like the authors are just trying to hit some arbitrary page count.This would all be just sad except that I like having books in my hands when reading and so I'm left feeling like a clown for paying money for this. The book feels like an extremely low effort cash grab.

Covers many things you need to know whether working in a bare metal language or in a memory managed one. Lots of practical, useful, actionable advice.

book touches the right points... from technology/hardware perspective seems to be quite dated thoughstill might be a good intro to the hft domain

This book provides a very surface level overview of concepts that exist in HFT, but doesn't do a good job of explaining any of those concepts. You could easily find better information online. High Frequency Trading by Irene Aldridge is a much better book.

Developing High-Frequency Trading Systems should be required reading for anyone looking to work in the trading industry. Most firms consist of traders focused on creating automated trading strategies and core development teams focused on exchange connections; this book helps bridge the knowledge gaps that exist between the two. Traders will gain techniques to improve trading speed and will better understand what core development teams must take into consideration. Developers, especially those unfamiliar with the financial markets, will learn about market fundamentals and what must be considered when writing performant code for traders to interact with.Any trading firm, not just an HFT-focused trading firm, will find that they're more successful when traders and core developers have a solid understanding of what the other is trying to accomplish and how. This should go without saying, but is not always obvious and this book is a great remedy to that. It focuses on developing an all-around understanding of what is needed to build a successful high frequency trading strategy. It begins with an overview of basic market principles, moves to specific situations where performant code is necessary and how to approach developing it, provides special considerations for C++, Java, and Python, and touches on specialized hardware and cryptocurrency.I've worked in the industry for over 10 years and I wish this would have been out when I first started

This is a very shallow book. It covers a broad range of topics without any kind of detail, concrete examples, useful code snippets, etc. on any of the topics covered. I do not recommend spending money on this book.

Very detailed and comprehensive book on high frequency trading systems. It is geared towards people who have more of a Computer Science background as it doesnot require any prior Finance knowledge and all trading concepts are very well explained. However, some prior knowledge on networks, OS structure and memory management might be useful though not necessary in my opinion. The book goes in depth in some of the optimization (and reasons for implementing them) to build an efficient trading system.In the last part, it finally highlights how different features of different programming languages can be used in your system.