Algorithmic Trading Issues

[M Souto]

Whats the best book to learn about Algorithmic Trading?
Does anyone know percentage os quants who work with it?
I work with Risk Management, so I don't know much about Algorithmic Trading in practice.

 

[Tsotne]

Depends on what kind of algorithmic trading you need. Here are some books, I've been recently suggested one of them.

http://www.amazon.com/Automated-algorithmic-trading/lm/R3R0VW7OYK4CZN

 

[Tsotne]

As for quants working in this field, I think they are quite many since if you look at the types of quant, big fraction of them has some kind of connection with algorithms trading. Im not sure though... :|

(1) Front office/desk quant
(2) Model validating quant
(3) Research quant
(4) Quant developer
(5) Statistical arbitrage quant
(6) Capital quant