Trillions of dollars in securities are traded everyday by fund managers, corporations, and individuals in order to drive returns and manage risk. In advanced securities trading, students will explore the principles, strategies, and methods of trading systems development over different trading mandates, types of securities, execution venues and time horizons. Students will learn the techniques of algorithmic electronic trading, institutional, block trading, and open outcry. The theoretical background and the practical skills for trading strategy formulation, execution, back-testing, and performance measurement on a variety of basic securities and financial derivatives will also be discussed in this course.