Smart Order
Smart Order
Trails the market until filled
Ultra-fast execution strategy for entry, take-profit, and stop-loss. Follows the market inside the spread until filled.
Iceberg and smart passive order distribution – 50% reduction in transaction fees and improved slippage – the best fire-and-forget execution strategy on the market today.
Parameters
- Aggressiveness
- Always Passive
- Iceberg
- Price Limit
- Smart Order Routing
- Spike Protection
- Trigger Price
Aggressiveness
Aggressiveness lets you trail the market inside the spread. The orders are placed away from bid/ask as a percentage of the average spread.
The average spread is calculated over the previous 15 minutes. Using the average spread to calculate your order price, you avoid trading at unfavourable prices in a volatile market.
The fill probability is increased with a higher aggressiveness setting.
- 0% aggressiveness: Trail passively on bid or ask.
- 50% aggressiveness: Trail passively mid spread.
- 100% aggressiveness: Buy orders, bid plus 100% of average spread. Sell orders, ask minus 100% of average spread.
Contact us
Founded and based in Norway by experienced professionals with background in trading and financial technology.
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