A DETAILED PRIMER ON TODAY'S MOST SOPHISTICATEDAND CONTROVERSIAL TRADING TECHNIQUEUnfair . . . brilliant . . . illegal . . . inevitable. High-frequency trading has been described in many different ways, but one thing is for sure--it has transformed investing as we know it.All About High-Frequency Trading examines the practice of deploying advanced computer algorithms to read and interpret market activity, make trades, and pull in huge profi ts—all within milliseconds.Whatever your level of investing expertise, you'll gain valuable insightfrom All About High-Frequency Trading's sober, objective explanations of:The markets in which high-frequency traders operateHow high-frequency traders profi t from mispriced securitiesStatistical and algorithmic strategies used by high-frequency tradersTechnology and techniques for building a high-frequency trading systemThe ongoing debate over the benefi ts, risks, and ever-evolving future of high-frequency trading