CQG SMARTMARKET uses pre-configured Payup logic in attempt to save implicit trading costs of directly buying at the bid or selling at the offer.
Order types: MKT, STP
Method: Technically it’s a CQG PAYUP algo with TheoQueue payup model and JoinIfStable on miss behavior.
Note: this algo doesn’t have any algo specific parameters except for TargetStrategy(847) value.
Parameters:
|
Name |
Tag number |
Format |
Comment |
|
TargetStrategy |
847 |
Int |
1021 - CQG SMARTMARKET |