Free Site Registration

A Model of Perfection

Traders Magazine, February 2002

Randy Abernethy

Your quantitative investment process is finally up and running. It has been thoroughly back tested. How do you trade? Do you place your orders manually? Do you stage your orders for electronic and manual execution using an order management system? Or, could you fully integrate your model with the markets? The answer to this last question is yes, it could be fully integrated through Procedural Market Access, or PMA. That's the process of generating, delivering and executing trades electronically. PMA techniques are typically utilized by quantitative trading firms that use technology to achieve speed to market and access to liquidity. Only the most sophisticated institutions have had the resources to produce end-to-end electronic trading. Now PMA products are more broadly available.

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?