A TT Brisk order attempts to fill the order closer to when the order enters the market based on the order’s Start Time. TT Brisk orders use the current day’s trades and market data to minimize risk-adjusted slippage relative to the order’s arrival price by creating a front-weighted trajectory vs forecast volume profile. For more […]
The TT Close Premium Order Type attempts to fill the order close to a targeted price at a desired end time. A common use case would be attempting to fill the order near to either the close price or the settlement price. For more information, refer to the TT Close Order section of the Trade help. Number […]
The TT Percentage of Volume (POV) Premium order type tracks and reacts to real-time market volumes to target a user-defined participation rate. TT POV Premium Orders allow the trader to set a participation rate as a percentage of the volume traded in the market. TT POV continues to submit child orders to match the volume […]
TT Premium Order Types use synthetic orders to manage the submission and execution of other orders in the market. TT Premium Order Types provide more robust order execution functionality than exchanges support natively. They offer order types not supported by exchanges or provide more options than exchange-native order types provide. For more information, refer to […]
TT Prowler Premium Order Type behaves as an enhanced Iceberg order type that allows the user to customize values such as the minimum and maximum amounts to show in the market. The TT Prowler order type is a liquidity seeking strategy that aims to reduce market impact by avoiding displaying the full order size or […]
TT Scale Percent of Volume (POV) Premium order type tracks and reacts to real-time market volumes to target a user-defined dynamically adjusting participation rate. The value of the participation rate varies between the user-defined minimum and maximum values and is based on real-time market conditions. For more information, refer to the TT Scale POV Order section of […]
The TT Splicer Premium Order Type allows a user to define a synthetic spread and execute according to a selected Sub-strategy (TT Brisk, TT Close, TT TWAP+, TT VWAP+). The Brisk, Close, and VWAP+ sub-strategies utilize a weighted volume forecast based on the leg composition to form the baseline of the coordinated execution schedule. For […]
TT Scale Percent of Volume (POV) Premium order type tracks and reacts to real-time market volumes to target a user-defined dynamically adjusting participation rate. The value of the participation rate varies between the user-defined minimum and maximum values and is based on real-time market conditions. For more information, refer to the TT TWAP+ ORDER Order section of […]
TT Scale Percent of Volume (POV) Premium order type tracks and reacts to real-time market volumes to target a user-defined dynamically adjusting participation rate. The value of the participation rate varies between the user-defined minimum and maximum values and is based on real-time market conditions. For more information, refer to the TT VWAP+ ORDER Order section of […]