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Hacker News Comments on
The Complete Guide to Capital Markets for Quantitative Professionals (McGraw-Hill Library of Investment and Finance)

Alex Kuznetsov · 4 HN comments
HN Books has aggregated all Hacker News stories and comments that mention "The Complete Guide to Capital Markets for Quantitative Professionals (McGraw-Hill Library of Investment and Finance)" by Alex Kuznetsov.
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Amazon Summary
The Complete Guide to Capital Markets for Quantitative Professionals is a comprehensive resource for readers with a background in science and technology who want to transfer their skills to the financial industry. It is written in a clear, conversational style and requires no prior knowledge of either finance or financial analytics. The book begins by discussing the operation of the financial industry and the business models of different types of Wall Street firms, as well as the job roles those with technical backgrounds can fill in those firms. Then it describes the mechanics of how these firms make money trading the main financial markets (focusing on fixed income, but also covering equity, options and derivatives markets), and highlights the ways in which quantitative professionals can participate in this money-making process. The second half focuses on the main areas of Wall Street technology and explains how financial models and systems are created, implemented, and used in real life. This is one of the few books that offers a review of relevant literature and Internet resources.
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Hacker News Stories and Comments

All the comments and stories posted to Hacker News that reference this book.
This is a fantastic book. Written for quant wannabes but really good for everyone. https://www.amazon.com/gp/aw/d/0071468293?psc=1&ref=ppx_pop_...
If you're looking for the nuts and bolts on how capital markets around the world work this book is hands down the best there is.

https://www.amazon.com/Complete-Quantitative-Professionals-M...

Equities, Futures, Rate Swaps, Options, Credit, Treasury, Corporate, Municipal, Mortgage and Agency Bonds. Then the technology that supports it all.

It is not only a fantastic high level view, but it get granular enough to explain things like how US Treasuries prices quoted in 32nds of a dollar or how fixed income securities are identified by something called a CUSIP or what a strike price is for an option. Granular enough to explain practical day to day concepts that would help you at your first job in a financial firm.

⬐ henrik_w
+1 - excellent book!
⬐ philipov
This sounds like a great book. Does it cover Smart Order Routers as well?
⬐ lujim
It's been a while since I read it, but according to kindle search it deals with Smart Order Routers (SOR) at location 6941 (and a few other places)
Thanks, great information. I'm a software developer, and I have worked for a long time in the telecom/mobile/VoIP sector. Half a year ago I switched to SW development in the financial world (not quant though). I am currently halfway through a really excellent book aimed at technical people moving into finance (quant or otherwise). It's called The Complete Guide to Capital Markets for Quantitative Professionals" [0] (yes, I know, no prize for imaginative title).

So far, it's been a fantastic read. Detailed, good information, and very well written. I saw the recommendation for the "Heard on the Street" book. I was wondering if people can recommend some other books for moving into finance?

[0] http://www.amazon.com/Complete-Quantitative-Professionals-Mc...

The Complete Guide to Capital Markets for Quantitative Professionals

http://www.amazon.com/Complete-Quantitative-Professionals-Mc...

Great book. It's what I recommend to my new developers when we hire them without previous financial services experience.

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