3 of 3 people found the following review helpful
on 13 January 2011
I simply enjoyed reading this book. It is not a technical reference, nor does it purport to be, and that is why it succeeds.
If you too often get bogged down by texts of this ilk and give up on the works of some technical evangelist or mathematics bore then try this for a refreshing change. Yesterday I sat and read this book, cover to cover, enjoyably.
Amidst the monotonously polarised hysteria of current HFT commentary it is a relief to locate some objective factual material from a practitioner. The topic is covered not from the specific perspective of any particular actor in the HFT setup but in a holistic way and with a level of abstraction that made the content accessible and readable while still keeping it meaningful. No pretension in sight. This is a concise book you can and should sail through, the verbosity is definitely stepped down and no point is laboured or over-elaborated. It left me with the right stubs to provoke some thoughts and lasting takeaways and, for a change, wanting more.
1 of 1 people found the following review helpful
on 5 September 2013
It allows you to understand this sophisticated business, some of the key challenges from an IT perspective and some recommendations. Of course, IT evolves so fast that this book should be updated every year, but the main concepts are still useful
0 of 3 people found the following review helpful
on 13 April 2011
I work in this sort of industry. This book was a gift from me to a manager who knows little about what we do. He's a smart guy so he "got it" very quickly. It lacks a little bit on the IT side - but thats not the purpose of the book so deducting one star is possibly harsh. If you want to understand HFT, there are few better places to start in my opinion.