Trading professionals, especially those with corporate clients, rack up millions of dollars in transaction costs each day. How trades are planned, structured, and executed has a direct and enormous impact on the value of the investment and on the profitability for the money manager. "Optimal Trading Strategies" is the first book devoted to a thorough mathematical and strategic analysis of these costs and how traders can minimize them, in turn maximizing returns on investments and efficiency of trades.
Robert Kinsell is director of trading research at one of the world's largest providers of technology-based trading solutions. Morton Glantz heads a consulting firm specializing in credit, strategic planning, and risk management.