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Snake Algorithm

A trading algorithm that combines displayed liquidity (lit liquidity) and non-displayed liquidity (dark liquidity) with aggressive and passive strategies. This...

MOC Algorithm

A trading algorithm that targets the closing price, and hence the name “market-on-close (MOC) algorithm”. This algorithm allows electronic traders...

Single-Stock Algorithm

An algorithm that is used, in electronic trading, to manage the cost and risk of a single stock. A single-stock...

Close Algo

An algo (algorithm) that seeks out filling and posting orders into the day’s close in order to secure a price...

Close

An algorithm that seeks out filling and posting orders into the day’s close in order to secure a price better...

Close Algorithm

An algorithm that seeks out filling and posting orders into the day’s close in order to secure a price better...

ATN

It stands for alternative trading network; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...

Alternative Trading Network

An electronic trading system that uses sophisticated algorithms to transmit orders in real time and optimally and automatically match buyers...

Participation Algorithm

A trading algo (algorithm) that is used by electronic traders to execute orders at a constant participation rate in sync...

ATS

It stands for alternative trading system; an electronic trading system that uses sophisticated algorithms to transmit orders in real time...