Strategies

Strategies are pre-configured execution methods designed to help traders achieve specific trading objectives. Each strategy is built on a core execution trajectory—such as VWAP, TWAP, Target Time, or Implementation Shortfall - with additional pre-configured advanced settings that control how trades interact with the market. These strategies streamline execution decisions, allowing traders to optimize for speed, cost efficiency, and market impact.

Available Strategies

• Impact Minimization – Spreads orders over time to reduce market impact using a VWAP trajectory. Ideal for large trades requiring discreet execution.

• Time Constant – Executes trades at a consistent rate over a fixed duration. Suitable for traders who need steady, predictable execution.

• Target Participation Rate – Adjusts execution dynamically to maintain a fixed percentage of market volume. Ensures proportional participation based on real-time trading activity.

• Market Maker – Places passive-only limit orders to maintain market presence while minimizing taker fees. Best suited for cost-sensitive strategies.

• Aggressive Taker – Prioritizes speed with front-loaded execution, ensuring quick fills. Ideal for urgent trades requiring immediate liquidity.

• Aggressive Maker – Uses passive-only limit orders with a 25% participation target, balancing execution speed and cost efficiency.

• Target Time – Concentrates execution around a specific future event, making it ideal for event-driven trading strategies.

Each strategy is designed to align execution with market conditions and specific trading goals. For detailed configurations and use cases, refer to individual strategy sections.