The Nasdaq Trader's Toolkit

Rating:
Summary: only book dedicated to execution
Review: This is the hardcopy version of the excellent e-book the "Tools of the Trade." Everything you need to know about execution. Including SuperSoes, SelectNet, Soes, all ECN's. It is the best reference manual I've ever seen. Don't know why they decided to publish in paper.,. Author is former market maker, used to head MB Tradings' trade desk. You can see him at all the trade expos -gives talks about execution. Knows his stuff. Wish I had the book when I started trading direct! Would have saved some of lo$$e$ :)

Rating:
Summary: only book dedicated to execution
Review: This is the hardcopy version of the excellent e-book the "Tools of the Trade." Everything you need to know about execution. Including SuperSoes, SelectNet, Soes, all ECN's. It is the best reference manual I've ever seen. Don't know why they decided to publish in paper.,. Author is former market maker, used to head MB Tradings' trade desk. You can see him at all the trade expos -gives talks about execution. Knows his stuff. Wish I had the book when I started trading direct! Would have saved some of lo$$e$ :)

Rating:
Summary: Good but outdated
Review: What's great about this book is that it rolls up its sleeves and gets right into the nuts and bolts of trading and the mechanics of what really goes on behind the scenes. Unfortunately that's also its drawback - the mechanics have all changed since it was written (in 2000). Although the book covers SuperSOES, SuperMontage, decimalization and other recent changes, these changes had not been rolled out at the time of writing. Thus about every other page carries a disclaimer that the information will change in the near future. That's a shame, because the book is very well written and informative. Sure hope an update is on the drawing board!