Layering is spoofing with several orders placed at successive price levels on one side of the book, kept away from the best price so that they are seen but unlikely to trade.
Quantitative Finance · Glossary
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Primary & Middle School MathematicsGrades 1–9 Online
2
High School MathematicsGrades 10–12 Online
3
University Mathematics — Year 1Bachelor Year 1 Online
4
University Mathematics — Year 2Bachelor Year 2 Online
5
University Mathematics — Year 3Bachelor Year 3 Online
1
Primary & Middle School PhysicsGrades 1–9 Online
2
High School PhysicsGrades 10–12 Online
3
University Physics — Year 1Bachelor Year 1 Online
4
University Physics — Year 2Bachelor Year 2 Online
5
University Physics — Year 3Bachelor Year 3 Online
1
Primary & Middle School BiologyGrades 1–9 Online
2
High School BiologyGrades 10–12 Online
3
University Biology — Year 1Bachelor Year 1 Online
4
University Biology — Year 2Bachelor Year 2 Online
5
University Biology — Year 3Bachelor Year 3 Online
1
Markets I: The Ecosystem and Exchange-Traded MarketsMarkets Online
2
Markets II: Rates, FX and CreditMarkets Online
3
Markets III: Commodities, Energy and CryptoMarkets Online
4
Quantitative MethodsMethods Online
5
Derivatives and VolatilityDerivatives Online
6
Rates, Credit, XVA and RiskRates, credit & risk Online
7
Research Craft: Predictors, Backtests, Measurement, PortfoliosResearch Online
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Strategies I: Equities and FuturesStrategies Online
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Strategies II: Volatility, Relative Value, Macro and the Bank DesksStrategies Online
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Microstructure and ExecutionExecution Online
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Market Making and High-Frequency TradingMarket making Online
12
Machine Learning for MarketsMachine learning Online
13
Low-Latency SoftwareTechnology Online
14
Networks, Hardware and Trading InfrastructureTechnology Online
15
Research, Data and Risk PlatformsTechnology Online
16
The Desk and the FirmThe firm Online
17
The Industry: Firms, Roles and CareersCareers Online
18
The Interview BookCareers Online
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