1. Major Factors in Algorithmic Trading Workshop 1.4

2. Major Factors in Algorithmic Trading Various Exchanges Big point value Leverage Standard Deviation Volatility Liquidity Slippage and commission capital Risk management Money management Page 2

3. Major Factors in Algorithmic Trading Various Exchanges Big point value Leverage Standard Deviation Volatility Liquidity Slippage and commission capital Risk management Money management Page 3

4. Various Exchanges • A marketplace in which securities, commodities, derivatives and other financial instruments are traded. • The core function of an exchange - such as a stock exchange - is to ensure fair and orderly trading • As well as efficient dissemination of price information for any securities trading on that exchange. • Exchanges give companies, governments and other groups a platform to sell securities to the investing public. • An exchange may be a physical location where traders meet to conduct business or an electronic platform. Page 4

5. Various Exchanges • In the 19th century, exchanges were opened to trade • Forward contracts on commodities • Exchange called futures contracts. traded forward contracts are • These commodity exchanges later started offering future contracts on other products • Such as interest rates and shares, as well as options contracts. • They are now generally known as futures exchanges Page 5

6. Your Bright Future and Happiness is one step away Our Social Media Profiles are Page 6