Course Program Day 2

0830 - 0900 Registration and continental breakfast

0900 - 1030 SYSTEM DESIGN IN PRACTICE

• Possible set-up for rapid deployment
• Safety concerns and testing
• Interface specification and design
• Component and other architectures
• Off-the-shelf and custom made algorithms with possible integration at both

1030 - 1100 Morning break

1100 - 1230 BUILDING PROFITABLE SYSTEMS

• Management of the investment systems
• Continuous system improvement
• Process control and risk attributes

1230 - 1330 Lunch

1330 - 1500 HIGH-FREQUENCY TRADING IN PRACTICE

• Proprietary trading
• Market making and flow trading
• Portfolio and structured products management
• DMA, customer trading and advanced order types
• Investment management and hedge funds
• Product creation and distribution

1500 - 1530 Afternoon break

1530 - 1700EXPLOITING MARKET MICROSTRUCTURE WITH HIGH-FREQUENCY TRADING

• The order book and the information it holds
• Human brain/nature vs. creative algorithm
• Hiding your tracks vs. showing your hands in algorithmic trading
• Using perception and deception