Depth of Market, Order Book Liquidity, Absorption, Spoofing Awareness, and Execution
„DOM Trading“ ist ein Buch von Faramarz Kowsari im Bereich Trading und Finanzmärkte. Diese deutschsprachige Entdeckungsseite ordnet den Titel anhand der veröffentlichten Buchmetadaten ein und macht Themen, Zielgruppe, Publikationssprache sowie offizielle Lese- und Kaufwege leichter auffindbar.
Die Buchmetadaten nennen Trading, Marktstruktur, Liquidität, Risiko oder verwandte Konzepte als zentrale Orientierungspunkte.
Publikationssprache: Englisch. Diese Seite ist eine deutschsprachige Orientierung. Das eigentliche Buch ist in Englisch veröffentlicht; Titel, Vorschau und Kaufoptionen auf Google Books beziehen sich auf diese Ausgabe.
„DOM Trading“ ist ein Buch von Faramarz Kowsari im Bereich Trading und Finanzmärkte. Diese deutschsprachige Entdeckungsseite ordnet den Titel anhand der veröffentlichten Buchmetadaten ein und macht Themen, Zielgruppe, Publikationssprache sowie offizielle Lese- und Kaufwege leichter auffindbar.
Die Buchmetadaten nennen Trading, Marktstruktur, Liquidität, Risiko oder verwandte Konzepte als zentrale Orientierungspunkte.
Ausgewiesene Schwerpunkte
Depth of Market (DOM)Order book and electronic auctionBid, ask, spread and tick sizeResting liquidityPassive and aggressive ordersExecuted volumeDOM versus footprintQueue position and price-time priorityPartial fills and missed-trade riskPulling and stackingLiquidity persistence and migrationAggression and auction paceEffort versus price responseAbsorption
Originale öffentliche Buchbeschreibung
Englisch
DOM Trading treats Depth of Market as a real-time view into part of the electronic auction, not as a prediction machine. The book begins by separating completed price bars from the live mechanics that produce them: resting bids and offers, passive versus aggressive participation, executed volume, spreads, tick size, queue priority, partial fills and the limits of what a single venue or data feed can reveal. The reader is taught to describe what is actually visible before assigning a bullish or bearish story, and to accept uncertainty when the order book does not support a confident conclusion.
The middle of the book develops a disciplined vocabulary for reading liquidity behavior. It covers thick and thin books, persistence, pulling, stacking and liquidity migration; aggression and pace; absorption versus exhaustion; reloading, reserve orders and iceberg behavior; spoofing awareness without making unsupported accusations; liquidity walls and their failure; sweeps, failed continuation and trapped participation; session structure, market regime and cross-market confirmation. A repeated principle is that displayed size is not identity or intent, cancellation alone proves little, and the reaction to actual execution matters more than a dramatic-looking snapshot.
The final sections connect observation to execution and deliberate practice. Market versus limit entries, queue risk, passive versus aggressive exits, spread, slippage, fill quality, structural invalidation, position sizing and event risk are integrated into a practical DOM reading sequence. Scenario chapters examine absorption at extremes, failed breaks, liquidity vacuums and breakout acceptance or rejection without turning them into guaranteed signals. The book closes with material on HFT-related noise, latency…
Für wen ist das Buch gedacht?
Die Zielgruppe ergibt sich aus der öffentlichen Buchbeschreibung. Für deutschsprachige Leser ist besonders wichtig, dass die eigentliche Ausgabe in Englisch vorliegt.
For intraday traders, futures and order-flow traders, discretionary market participants, and readers who want to use Depth of Market as a disciplined observation and execution tool. It is especially useful for traders who can see the ladder moving but want a structured way to distinguish liquidity, execution, absorption, queue effects, false reads and real-time risk without treating DOM activity as a guaranteed signal.
Ausgewiesene Lernziele
Englisch
Understand what a DOM ladder shows, and distinguish resting orders from completed transactions.
Read bids, offers, spread, tick size, executed volume and queue mechanics without treating the display as a directional forecast.
Separate passive liquidity from aggressive execution and compare effort with actual price response.
Evaluate pulling, stacking, persistence and liquidity migration as sequences rather than isolated snapshots.
Distinguish absorption from exhaustion and interpret reloading or reserve-order behavior with appropriate uncertainty.
Recognize spoofing and layering risk without assuming that cancellation or a large visible order proves manipulative intent.
Judge liquidity walls by persistence and executed response rather than by displayed size alone.
Combine DOM with session structure, key levels, sweeps, failed continuation and cross-market evidence.