Before direct access traders can truly control their trading destinies and maximize their profits, they must understand the key avenues of EDAT execution. Direct Access Execution describes how to use today’s most popular trading networks—ECNs, SOES, SuperDOT, SelectNet, and others. It reveals their pluses and minuses, then describes when, why, and how to use each system for maximum profit and precision. In addition, it carefully diagrams for traders exactly what happens after they hit the mouse button to execute each trade.
Simit Patel is an investment banking associate at InternetFundManager.com. A former equity analyst at Periscope Analytics, Patel is a graduate of the Stern School of Business at New York University.