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Jefferies Blitz

Liquidity seeking algo that sweeps all displayed markets, and sends Immediate-or-Cancel orders to all non-displayed markets.

 

Number Description
1

Choose algo

2

(optional) Set a start time

3

(optional) Set an end time

4

Relative Limit - (optional) Positive and Negative values are allowed. Creates a "soft" limit on the order as a price move from arrival price by the specified number of basis points. The strategy will use the Arrival Price after Market Open, the day’s Opening price if the order is received before Market Open.

5

Iceberg (optional) – Enter display size.

6

Trading Style (optional)– Indicate increasing degrees of aggressiveness

  • Price Improvement
  • Opportunistic
  • Get it done
  • No Post
7 Buy Back -(optional) Indicates that the algo should engage SEC Rule 10b-18 restrictions for Buy Back in US instruments. Also applies local market Buy Back rules (for non-US instruments). This field cannot be modified. Value Y or N.
8 Trading Session (optional) - Day, Pre-Open, After hours.

To use Jefferies algos, select JEFFALGO as the routing destination.

Important Disclosures