文档介绍：摘要

程序化交易自上世纪七十年代从美国兴起,四十年来发展的非常迅速,对欧
美的金融市场产生了巨大的影响。并衍生出量化交易、自动化交易、高频交易、
算法交易等细分领域和概念,成功的改变着金融市场的微观和宏观结构。随着大
家对量化交易认识的更加深入,越来越多的人认为量化交易会成为金融市场交易
方式的未来方向。
相对于欧美的逐渐成熟,中国在量化交易领域还处于起步阶段,但随着股
指期货在 2010 年正式上市,发展速度也异常迅猛。目前因为对金融安全的顾虑,
监管层对于量化交易总的态度是控制和打压,但作为未来的发展方向,靠堵是不
可能解决问题,唯有直面它,深入了解和研究它,甚至参与到其中,才有可能充
分发挥其长处,控制其负面影响。与其一味躲避,最终在自己没有准备好的情况
下被迫面对量化交易,不如现在就参与其中,与狼共舞。
鉴于量化交易理论相对前沿,国内对其的概念还不统一,本文就量化交易的
概念和术语进行了澄清;为了分析和预见程序化交易未来在中国的发展情况,本
文对欧美量化交易的发展和演变历程、对市场产生的影响等进行了阐述,对量化
交易未来的技术发展趋势进行了展望。考虑到中国的金融市场规则相对独立和特
殊,本文就中国金融市场与量化交易有关的特殊国情进行了分析和阐述。
因为看好量化交易的未来,本人已组织深圳市鼎足科技公司开发出一套程
序化交易软件。在文中对这套软件的设计方案和需要设计中需要重点考虑的因素
进行了重点阐述并对最新开发完成的版本情况做出简单介绍。

关键词: 量化交易程序化交易高频交易算法交易做市商套利
ABSTRACT
Program trading since the seventies of last century the rise from the United States,
four decades of very rapid development of financial markets in Europe and America
had a huge impact. And the derived quantitative trading, automated trading, high
frequency trading, algorithmic trading and other segments and concepts, the ess
of the change in the financial markets, the micro and macro structure. With everyone
more in-depth understanding of quantitative trading, more and more people believe
that quantitative trading fair as a financial market transactions in the future direction.
Relative to the United States and Europe mature, the field of quantitative trading
in China is still in its infancy, but with the stock index futures in 2010, officially listed,
is also extremely rapid pace of development. Present because of the financial security
concerns, regulators for the general approach to quantify transaction control and
suppress, but as the future direction of development is not possible to solve the
problem by blocking, only to face it, in-depth understanding and study it, and even
participate in Among them, be possible to give full play to its strengths, to control its
negative effects. Blindly to avoid its end is not ready in their own forced to