Alpha Tilt

Alpha Tilt skews the execution schedule, front-loading or back-loading trades based on market expectations. This setting modifies order distribution over time without changing the underlying execution trajectory.

How It Works

• Positive Alpha Tilt (1) – Front-loads execution, executing more aggressively early and slowing down later.

• Negative Alpha Tilt (-1) – Back-loads execution, starting slowly and accelerating towards the end.

• Neutral Alpha Tilt (0) – Maintains even execution throughout the order duration.

Considerations

Trajectory with Positive Alpha Tilt

Positive Alpha Tilt (1) – Front-Loaded Execution

• Best for news-driven trading or price reversion strategies where early execution is critical.

Trajectory with Neutral Alpha Tilt

Negative Alpha Tilt (-1) – Back-Loaded Execution

• Ideal for trading into liquidity events or momentum-driven strategies where later execution is preferred.

Trajectory with Negative Alpha Tilt

Neutral Alpha Tilt (0) – Even Execution

• Suitable for balanced execution, ensuring steady participation over time.

This setting allows traders to fine-tune execution timing, optimizing for early or late fills based on market conditions and strategy objectives.