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.

25%-50%

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.

Always Passive

If this parameter is checked, the exchange always passive flag is enabled.

If the exchange rejects an order because the price will cross the spread, the Smart Order will immediately resend a new order with an updated price.

Iceberg

Slice your order size into smaller portions to reduce your market impact.

After a slice/iceberg is filled, the Smart Order immediately sends a new slice with an updated price limit.

Price Limit

Maximum price for buy orders and minimum price for sell orders

Smart Order Routing

The Smart Order Routing, or SOR for short, will scan all selected exchanges for the best overall executing price.

The SOR evaluates the market price, trading volume, available liquidity and trading fees for an optimum execution price.

The SOR will continuously recalculate where to send the orders to reduce the slippage.

Spike Protection

Protects you from sending orders at an unfavourable price if the market suddenly spikes or flushes. By enabling spike protection, your order will always stay on the market for more than 65% of the market move over the last X minutes.

Example
The bid is 100; if the price suddenly spikes to 110, the Smart Order will place your order at 106,5. (65% of the move of 10 plus the previous bid of 100.

Trigger Price

When the trigger price is crossed, the Smart Order will start trading.

Trigger price is ideal for stop loss execution or start execution at specific price levels.

SMO

Limit And Market
Order In One

Use this strategy if you want to trade quickly and get an immediate execution whilst trying to minimise the total cost of execution (commission and spread). This strategy is also useful if you want to trade passively in more illiquid symbols without adjusting the limit manually as the market develops.

Based on your chosen settings, Smart Order will send limit orders within the spread of the current market, allowing you to get an increased rate of passive fills and significantly reduce your commission.

Connect to Major Crypto Exchanges

Volven is co-located with the major crypto exchanges. Our infrastructure gives our clients low latency execution and order precision at the highest level.

Our Other Strategies

TWAP

Time-Weighted Average Price

Reinvited AI-driven TWAP, constantly aware of market conditions, buying more when prices are low and less when prices are high, allowing you to outperform traditional rule-based TWAPs, increasing your profit potential and reducing your transaction cost.

Learn more

TARB

TWAP arbitrage

Swing trade strategy that opens and closes positions using two TWAP algorithms. TARB is ideal for a sideways market without traders having to predefine trade levels. The dynamic opening and closing TWAP's allow you to take advantage of unexpected price swings, improving your profit margin.

Learn more