Open topic with navigation
Let's you execute two stock orders simultaneously. Allows you to setup, unwind or reverse a deal.
Select ARB to choose the Risk Arb pairs algo.
(optional) Set a start time
(optional) Set an end time
Volume Limit - (optional) Max rate of volume
Execution Style (optional) -
|6||Leg Threshold - Expressed as a percentage by for values up to 99. Values of 100 or greater will be interpreted as a share amount.|
|7||Pair ID (required) - Unique ID for the day. Must be unique per pair, per date. Specify on both legs of the pair. Limited to 28 characters.|
Pair Objective (optional) -
Pair Ratio (required) - Ratio per pair order.
|10||CASH (optional) - same ratio value is applied to both legs.|
|11||Pair Spread ($) (required) - Positive or negative values accepted.|
|12||Pair Spread Operator (required) - greater than or equal to; less than or equal to.|
To use Jefferies algos, select JEFFALGO as the routing destination.