量化交易入门

量化交易入门 Introduction to Quantitative Trading <!-- @@@ -- Basic concepts and related terminology required in the field of quantitative trading, covering exchanges, orders, market makers, etc. If you are planning to enter the field of quantitative trading, you need to quickly master a series of common terms. These terms are not only essential tools at work, but also the key to understanding the basic concepts of quantitative trading. Specifically, you need to understand what an exchange is, how it works, and how trades are executed. Fortunately, this article summarizes these core concepts for you. What is an exchange? The exchange is the core of quantitative trading. Simply put, an exchange is a market where buyers and sellers buy and sell financial products (i.e., trade). The exchange's goal is to ensure that the trading process is fair and equitable. Different exchanges support different financial assets, including securities, commodities, stocks, bonds, ETFs, event contracts, derivatives, cryptocurrencies, and more. Some well-known exchanges include the New York Stock Exchange (NYSE), London Stock Exchange (LSE), and Kalshi. Of course, the infamous FTX also falls into this category. It is important to note that exchanges do not necessarily require a physical location, and many exchanges are…