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Benchmark algo that lets you trade into the close.
Choose TOC to use the Finale algo.
Start Time – (optional) Define the algo start time.
|3||Urgency (optional) – Set the degree of urgency for execution. a. Passive b. Active c. Aggressive|
Close Unit (optional) Used to determine type of Close Quantity value.
|5||Close Qty - (optional) - This field combines with Close Unit field to determine the quantity that will be placed into the closing auction. Positive numbers only. For an Close Unit = Shares, Close Qty must be equal to or greater than 1 round lot. For any % option, value should be less than or equal to 100.|
To use Jefferies algos, select JEFFALGO as the routing destination.