Posting can attract liquidity at the risk of signaling the market. Time of day, market volume and stock characteristics should all be factored into the decision to display quantity. Instinct® with an urgency of 5 analyzes each order individually to make an intelligent posting decision.
Information leakage differs significantly across venues.Bank of America Merrill Lynch measures venue toxicity by examining the difference between execution price and a short term fair price.
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Which electronic algorithms can be used to trade relative evaluation opportunities or manage risk in a pending corporate action?
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Volume curves during roll periods can differ significantly from the curves used for trading standard periods. Due to its adaptive nature, the Instinct® algorithm can efficiently find liquidity during this atypical period.
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Launching a successful hedge fund is not defined by investment talent and track record alone. Start ups need to be institutional from day one.
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Instinct® utilizes market driven signals and stock specific impact modeling to source liquidity while minimizing market impact.
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