Courses

Market Microstructure and Execution

How prices are formed and trades are filled in futures and forex: order books and matching engines, liquidity and spreads, order types and queue position, slippage and market impact, and the execution algorithms professional desks use.

Lessons

  1. 01Order books and matching engines
  2. 02Liquidity, spreads and depth
  3. 03Order types and queue position
  4. 04Slippage and market impact
  5. 05Execution algorithms: TWAP, VWAP and beyond
  6. Quiz and certificate (10 questions)