Course Websites

Subject offerings of new and developing areas of knowledge in industrial engineering intended to augment the existing curriculum. See Class Schedule or departmental course information for topics and prerequisites. Course Information: Approved for letter and S/U grading. May be repeated in the same or separate terms if topics vary.

Electronic Trading, informally known as ?High Frequency Trading?, will teach students both the core concepts and underlying mechanics of, step by step, message by message, bit for bit, exactly how trillions of dollars in notional value are automatically traded daily around the globe. Electronic Trading will provide students with an exciting introduction both to the modern world of automated finance and to many exciting technologies that power it. Where does the ?actual? real-time price of a particular asset come from at any point in time? How exactly is it being calculated and by who or what? Is there even a single price or are there multiple, and are any of those prices actually correct? How quickly can the price change or suddenly stop changing after plummeting? How do markets break or pricing models fail?