Hacker News Comments on "After the Trade Is Made: Processing Securities Transactions" Amazon Repository

Rankings: week · month (mar/apr) · year (2024) · all time

digests · search

Hacker News Comments on
After the Trade Is Made: Processing Securities Transactions

David M. Weiss · 1 HN comments

HN Books has aggregated all Hacker News stories and comments that mention "After the Trade Is Made: Processing Securities Transactions" by David M. Weiss.

View on Amazon [↗]

HN Books may receive an affiliate commission when you make purchases on sites after clicking through links on this page.

Amazon Summary

The fully updated classic guide to the mechanics of securities processing—a must for professional investors This third edition of After the Trade Is Made reflects the changes that have taken place in recent years as a result of new products, technological breakthroughs, and the globalization of the securities industry. Comprehensive and easy to understand, it provides brokers, operations personnel, and individual investors with definitive and up-to-the-minute explanations of each step in the trading process—from the moment a customer decides to buy or sell a security through the final requirements of record keeping. Written for both securities professionals and individual investors, whether domestic or in other countries, this new edition clearly explains the core of underwritings, new and established trading markets, transaction processing, margin, and more—while providing critical insights into the most recent wave of industry changes. David M. Weiss, a veteran securities professional, traces the entire process of buying or selling a security, from order management to transaction processing to the final posting on the firm’s books and records. He covers the specialized attributes of each function in a typical brokerage firm, as well as their relationships with commercial banks, transfer agents, clearing corporations, and depositories. After the Trade Is Made is the definitive resource for anyone eager to understand and confidently navigate the vast and often surprising world of securities.

HN Books Rankings

This course is unranked · view top recommended courses

Hacker News Stories and Comments

All the comments and stories posted to Hacker News that reference this book.

⬐

Jan 29, 2021 · colechristensen on Transfer Stocks Out of Your Robinhood Account

A whole lot goes on behind the scenes with securities trading, your interface to it as a retail trader buying and selling is only the tip of the iceberg.
Most of the people talking about various conspiracy theories about brokerages have clearly very little idea of how brokerages work on the back end (and not very many people do know this) or what regulatory duties brokerages have and hwo that might inform decisions they make.
If you are a bit of a masochist, you can read all about it in After the Trade is Made https://www.amazon.com/After-Trade-Made-Processing-Transacti...

⬐ blhack
Could you give us a rough overview? If I click "sell" on a share of tesla right now on my robinhood account, what happens then?

⬐ colechristensen
https://blog.robinhood.com/news/2021/1/29/what-happened-this...
Straight from the horse’s mouth

⬐ shaklee3
Read this: https://www.kalzumeus.com/2019/6/26/how-brokerages-make-mone...

⬐ colechristensen
No, I know “enough to be dangerous” but not enough to be able to teach a well abstracted lesson about what goes on. It’s also just not very simple.
Here is a place to start:
https://en.wikipedia.org/wiki/Settlement_(finance)

Hacker News Comments on After the Trade Is Made: Processing Securities Transactions

Hacker News Stories and Comments

Hacker News Comments on
After the Trade Is Made: Processing Securities Transactions