Talking about quantitative trading and programmatic trading

Quantitative trading is a relatively broad concept. Simply put, it is the application of quantitative technology to trading decisions.Quantification is the transformation of an object into something that can be described and compared numerically.

In this era, as long as you can read indicators, you can call yourself a quantitative trader.

In this way, do you feel that the threshold for quantitative trading is very low?In fact, there are also very high thresholds in quantitative trading, such as programmatic trading.

Programmatic trading is the use of programmatic technology to conduct transactions, and programmatic has another name, called automation.

So what is programmatic trading all about?

First, manage a large amount of market transaction data and organize it into a data structure that is easy to call and calculate.

Secondly, there is a language system that can develop models based on market transaction data, which can be some common high-level programming languages, such as c, c++, java, python, etc.Traders need to use this language system to develop model programs that can be tested and actually run trades.

Third, a set of tools that can combine the model programs developed in the previous step with different varieties for performance testing and parameter tuning.

Fourth, risk control tools, risk control tools can handle both trading and technical aspects. The trading aspect mainly involves the monitoring of data such as positions, leverage, and risk levels. The technical aspect needs to monitor whether the real-time market is continuous and accurate.Whether the ordering behavior is normal and smooth, etc.

The above four parts are the main work that a complete set of programmatic transactions need to deal with.Various platforms on the market now have different functions. The most important feature of a platform is that all transaction development work can preferably be performed on one platform, which can facilitate a lot of operations.