Search
Generic filters
Filter by Categories
Accounting
Banking

Exchanges




Dark Algorithm


A trading algorithm that searches for dark liquidity (non-displayed liquidity) in available dark pools through a given liquidity network. It systematically sweeps and probes all connected marketplaces (exchanges or multilateral trading facilities (MTFs)) to maximize the probability of order execution and minimize market impact. Typically, electronic traders can employ them to access liquidity with a minimized market impact and footprint without trading through the spread. This algorithm uses the following set of parameters: start time, end time, minimum acceptable quantity (MAQ), and limit. For example, the minimum acceptable quantity is usually used to prevent unwanted fills and information leakage.



ABC
This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*