You're reading from Getting Started with Forex Trading Using Python

Product typeBook

Published inMar 2023

PublisherPackt

ISBN-139781804616857

Edition1st Edition

Concepts

Financial Technology

Author (1)

Alex Krishtop

Summary

In this chapter, we familiarized ourselves with the core terminology and key concepts of FX markets, learned about counterparties and transactions, understood the intrinsic issues with market data, reviewed various risks, and drafted the first mockup of a trading application’s architecture. We now know that a robust trading app is more about risk management, checking various situations that may happen in real life before and after the trade, and making corrections on the fly. This is what makes the development of trading apps different.

In the next chapter, let us see how using Python in algo trading helps improve the research and development of trading applications.

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Getting Started with Forex Trading Using Python

Published in: Mar 2023Publisher: PacktISBN-13: 9781804616857

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Author (1)

Alex Krishtop

Alexey Krishtop is a quantitative trader and researcher with 20 years of experience in developing automated trading solutions. He is currently the head of trading and research at Edgesense Technologies and CTO at ForexVox Ltd. He develops market models and trading algorithms for FX, commodities, and crypto. He was one of the first traders who started using Python as the ultimate environment for quantitative trading and suggested a few approaches to developing trading apps that, today, have become standard among many quant traders. He has worked as a director of education with the Algorithmic Traders Association, where he developed an exhaustive course in systematic and algo trading, which covers the worlds of both quantitative models and discretionary approaches.
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