CFA Institute Live Webinars Presentation Recorded 26 Jul 2018
Algorithmic Trading: An Introduction to the Nuts and Bolts
Overview
Algorithmic trading is not well understood by a large segment of the financial community. To many, algorithmic trading, or “algo trading”, simply means “automated trading.” However, the term actually encompasses a wide variety of trading methods, strategies, and time horizons, and practitioners of one variation of algo trading may have little knowledge of another style.
In this webinar, portfolio manager Parijat Garg, CFA, will provide a general introduction to algorithmic trading, give some examples of what strategies look like, and discuss some of the operational realities of algo trading.
- The meaning of, and differences between, algorithmic trading, automated trading, high-frequency trading, low-latency trading, and pure and statistical arbitrage
- Basic methodologies and challenges of building an algo strategy and guidance on deploying it
- The sources of risk in algorithmic trading strategies
- Eye-opening facts about today’s electronic markets and the companies that trade within these markets
This is the archived version of a live webinar that took place 26 July 2018.
About the Speaker(s)
Parijat Garg is an investor, trader, and entrepreneur with 11 years of systematic trading experience. Garg is a computer science engineer from IIT Bombay and a CFA® charterholder since 2011. Having begun his career with Tower Research Capital, now a global leader in high-frequency algorithmic trading, Garg applied systematic trading strategies in the Indian markets. Garg maintains a concentrated equity portfolio built on long-term investing principles. He is a rare individual who has seen success at two extremes in the financial markets — very long-term investing as well as ultra-short-term algorithmic trading. Garg strongly believes and demonstrates that it is possible to create wealth using a wide variety of techniques. All it requires is skill, discipline, and a little bit of luck.
Director, Professional Learning and Advocacy, CFA Institute
Shreenivas Kunte is a director of continuing education and advocacy at CFA Institute. In this role, he contributes to thought leadership in the investment management profession. He writes on investing topics in leading publications and represents CFA Institute at conferences and forums. Shreenivas serves as an external research scholar at the Indian Institute of Technology Bombay. Previously, he worked as the country trading strategist for Citi in Tokyo, Japan. He holds a degree in computer engineering from the University of Mumbai.