IcePegger

Outright Futures, Futures Spreads, and Options. Market or Limit order. 

 

Benchmark: Series of Peg orders 

Method: Sends a series of Peg orders through the Iceberg mechanism. 

 

Algo Parameters in addition to [Side, Size, Price]

              Show Quantity [Required] 

o     Maximum child order size to show 

              Pause Between Orders 

o     Pause between order slices in milliseconds 

              Tick Offset [Default – 0] 

o     Initial placement of child orders relative to best level.  0 means join best, -1 means lead the market or go one tick through the market depending on market width.