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Developing High-Frequency Trading Systems

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

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Product type Paperback
Published in Jun 2022
Publisher Packt
ISBN-13 9781803242811
Length 320 pages
Edition 1st Edition
Languages
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Authors (3):
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Sebastien Donadio Sebastien Donadio
Author Profile Icon Sebastien Donadio
Sebastien Donadio
Sourav Ghosh Sourav Ghosh
Author Profile Icon Sourav Ghosh
Sourav Ghosh
Romain Rossier Romain Rossier
Author Profile Icon Romain Rossier
Romain Rossier
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Table of Contents (16) Chapters Close

Preface 1. Part 1: Trading Strategies, Trading Systems, and Exchanges
2. Chapter 1: Fundamentals of a High-Frequency Trading System FREE CHAPTER 3. Chapter 2: The Critical Components of a Trading System 4. Chapter 3: Understanding the Trading Exchange Dynamics 5. Part 2: How to Architect a High-Frequency Trading System
6. Chapter 4: HFT System Foundations – From Hardware to OS 7. Chapter 5: Networking in Motion 8. Chapter 6: HFT Optimization – Architecture and Operating System 9. Chapter 7: HFT Optimization – Logging, Performance, and Networking 10. Part 3: Implementation of a High-Frequency Trading System
11. Chapter 8: C++ – The Quest for Microsecond Latency 12. Chapter 9: Java and JVM for Low-Latency Systems 13. Chapter 10: Python – Interpreted but Open to High Performance 14. Chapter 11: High-Frequency FPGA and Crypto 15. Other Books You May Enjoy

Chapter 11: High-Frequency FPGA and Crypto

Welcome to the final chapter of this book. In the previous chapters, we saw how to optimize traditional trading to obtain a high-frequency trading (HFT) system working with a tick-to-trade latency of 5 microseconds. In the next section, we will discuss how to improve this latency to 500 nanoseconds using advanced hardware optimization. Finally, we will conclude this book by exploring the difference between traditional and cryptocurrency trading.

Our goal in this chapter is to show that the software solution we used in the past chapters has limitations in achieving latency lower than 1 microsecond. Using a specific piece of hardware, we will show you that it is possible. The second goal is to apply the optimization we explained in this book to cryptocurrencies. We will elaborate by extending the design to the cloud.

In this chapter, we will cover the following topics:

  • How Field Programmable Gate Arrays (FPGAs) hardware can...
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