Comment by qorrect
6 years ago
Surprised no one has mentioned "Trading and Exchanges: Market Microstructure for Practitioners".
Lots of people recommending Ernie Chan - and he is very big in the space but he uses 100 words when 10 will do its a hard time slogging through it.
De Prado is incredibly technical , if there was a De Prado cliff notes Id say read that.
And don't forget if you are coding this stuff up, lots of people have but those books into re-usable code on github.
Harris’ Trading and Exchanges is about types of traders and market microstructure - it has very little to do with what OP asked for (“… how money works in our society. Fiat currency, the federal reserve, the stock market, etc.“)
i embarrassingly didn’t read the body, and I am also ignorant of those things i’ll be reading this thread again , thank you.