Outright Futures, Futures Spreads, and Options. Limit order.
Method: Takes liquidity at a price level without showing size in a passive manner.
Algo parameters in addition to [Side, Size, Price]
•Pause Between Orders [Default – 0]
o Pause between orders in milliseconds
•Tick Offset [Default – 0]
o Initial placement of child orders relative to Price. 0 means no change, -1 means one tick worse.
•I Won’t Ticks [Default – 0]
o If set to a negative number, the unfilled balance of this order will convert to a market order if, after a partial fill, the market moves against by the specified number of ticks.
o If this number is a positive number, the algo performs as if it were a market-if-touched.
o If zero, this go-to-market functionality is turned off.
•PayUp Parameters: see PayUp Algo