Question

How does an Iceberg algorithm work?

Answer

An Iceberg algorithm is a large order that has been broken down into smaller limit orders.

An Iceberg algorithm is a large order that has been broken down into smaller limit orders, with the intention of hiding the full order size from the market.

The individual clip sizes of the order are determined by the Number of Clips selected, with the user able to specify the degree of randomness for individual clip order size to further reduce market visibility.

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Not yet!

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