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Meta Algo


An algo that seeks out the broker algo or a set of broker algos that would best suit the needs of a client. In other words, the criteria of a meta algo may be defined by a client or in agreement with his/ her broker so that to meet a number of requirements. Meta algo come in handy at times a client is not sure which algo to pursue in implementation of a specific strategy or market positions. A meta algo will help determine the best algorithm(s) to do a specific task (participate, close, match, best price determination, etc.)



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This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
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