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Algorithmic Trading: TSLICE
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TSLICE:
System trades during your selected time period. An order will be 25% completed when 25% of the time
period has elapsed and 50% when 50% of the time has elapsed, etc. It does not take price movements during
the period into account other than to use smart limit order placement strategies throughout the order.
Example:
Buy 500,000 HD at 42.25, Start = 11:00AM, End = 3:40PM
"Buy 500,000 HD at 42.25 or better; spread it out evenly from 11 to 3:40."
For more information please contact your Account
Manager, Customer Support:
866-665-4454, or sales@futuretrade.com.
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