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Best Algorithm

An algorithm that seeks out the best available price (execution price) for a security on any exchange or electronic limit...

Best

An algorithm that seeks out the best available price (execution price) for a security on any exchange or electronic limit...

Dark Algorithm

A trading algorithm that searches for dark liquidity (non-displayed liquidity) in available dark pools through a given liquidity network. It...

VWAP Trading Algorithm

A trading algorithm on volume-weighted average price (VWAP). It is one of the most popular trading algorithms whereby a trader...

Basket Algorithm

A trading algorithm that is used by electronic traders to execute orders on a basket of securities simultaneously (i.e., optimized...

SoftStop Algorithm

A trading algorithm that is embedded with a stop loss/ limit strategy, allowing users of electronic trading to lessen or...

Volume Participation Algorithm

A trading algorithm that is used by electronic traders to target a specific order execution volume in line with the...

Participate Algorithm

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

List-Based Algorithm

A trading algorithm that maintains a list of candidate trades to scan for execution. A list-based algorithm can be schedule-based...

Market-On-Close Algorithm

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