Serving the Quantitative Finance Community

 
User avatar
wejgomi
Topic Author
Posts: 0
Joined: February 7th, 2015, 10:49 pm

How to gain financial markets & securities knowledge ?

February 8th, 2015, 9:53 pm

Hi,I am a C++ developer. Previously worked in game engines and currently working as a contract C++ developer.Targeting to build a base knowledge for myself in order to apply for "financial non-quant C++" roles, therefore I am interested in having an exposure to :1. Financial markets & securities 2. And the trading lifecycleOfcourse I am not expecting to learn everything thing about equity, fixed income , FX and derivatives markets , however I am looking foran entry point book or a training program. Previously checked some "financial programming" books such as Practical .Net for financial markets. Its first chapter gave me an introduction for "what is a financial market", trading life cycle ( front office, mid office , back office ) and a little about equities. However I am looking for something more detailed. I`d like to understand basics for important security types and how the markets work.There is also a Coursera program from Yale, however at first this one looked too "academic" : https://www.coursera.org/course/financialmarketsMany thanks in advance for suggestions....
Last edited by wejgomi on February 7th, 2015, 11:00 pm, edited 1 time in total.
 
User avatar
wejgomi
Topic Author
Posts: 0
Joined: February 7th, 2015, 10:49 pm

How to gain financial markets & securities knowledge ?

February 16th, 2015, 10:26 pm

Hi ,Also as a follow up , I was checking CISI certificates . Here is the syllabus of several exams:Securities https://www.cisi.org/bookmark/web9/comm ... erivatives https://www.cisi.org/bookmark/web9/comm ... fFinancial Derivatives https://www.cisi.org/bookmark/web9/comm ... 2014.pdfDo you think that it would be useful ?Additionally apologies if this is not the right place in the forum. How would I move my question to perhaps "careers" section ?Many thanks
Last edited by wejgomi on February 15th, 2015, 11:00 pm, edited 1 time in total.
 
User avatar
tradelink
Posts: 0
Joined: March 9th, 2010, 9:55 pm

How to gain financial markets & securities knowledge ?

February 17th, 2015, 12:09 am

might want 2 checkoutgleaning 4 grocercies - trading in everyday lifehttp://gleanusers.vanillaforums.com/discussion/164/gleaning-for-groceries-trading-in-everyday-lifetrader lifecycle
 
User avatar
Alan
Posts: 3050
Joined: December 19th, 2001, 4:01 am
Location: California
Contact:

How to gain financial markets & securities knowledge ?

February 17th, 2015, 12:12 am

A little outdated, but a standard reference: "After the Trade is Made" by Weiss
 
User avatar
Hansi
Posts: 41
Joined: January 25th, 2010, 11:47 am

How to gain financial markets & securities knowledge ?

February 17th, 2015, 5:47 pm

This is a good but overwhelming list: https://www.quantnet.com/threads/master ... nts.535/My recommendation is read this: once you've narrowed down which fields and roles interest you most seek recommendations specifically for those.
 
User avatar
wejgomi
Topic Author
Posts: 0
Joined: February 7th, 2015, 10:49 pm

How to gain financial markets & securities knowledge ?

February 18th, 2015, 9:26 pm

Thank you everyone for answers.Hansi , I just checked Kuznetsov`s book`s contents and it feels like that is what I am looking for in order to have a basic understanding of the big picture. Thanks a lot for sharing.Additionally, would you suggest CISI certificates ( securities, derivatives and financial derivatives) in order to add value to CV for breaking into trading systems programming roles ? Or do you think they are too much in regulatory side andaimed at analysts and managers rather than technologists/C++ programmers ?Thanks
Last edited by wejgomi on February 17th, 2015, 11:00 pm, edited 1 time in total.
 
User avatar
Hansi
Posts: 41
Joined: January 25th, 2010, 11:47 am

How to gain financial markets & securities knowledge ?

February 18th, 2015, 10:13 pm

Never met anyone with the CISI certificate so can't comment on it but for a trading system programming role it doesn't sound that useful.Most of these professional certificates are useful only if a) the hiring manger also has it and looks favourably on it or b) it provides more than surface level knowledge of a specific field (e.g. CFA is good for an equity research analyst but less so for someone in derivates pricing).