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Liquidity seeking algo targeted at illiquid securities.
Choose the algo.
(optional) Set a start time
(optional) Set an end time
Volume Limit - (optional) Max rate of volume
|5||Blocks Only - Check to specify.|
|6||WoW Price (optional) Users must be able to modify this field on a Cxl/Replace or cancel the original entry. If this field has a value, user may specify BPS Arrival or Price. Price is the default behavior if WoW Reference is not submitted.|
WoW Reference (optional)This field is used in con-junction with the WoW Price fields. If a user enters a value in the WoW Price field; they may specify BPS Arrival or Price. If WoW Price is not submitted, a “reference” can be submitted for processing. Users must be able to modify this field on a Cxl/Replace or cancel the original entry.
|8||Min Take Size - Specifies the minimum size to take. Will be rounded down to nearest lot size.|
Min Fill Size - (optional) Specifies minimum number of shares per execution. This applies only to eligible dark pool fills.
|10||WoW Order Percentage - (optional) specified max percent of order WoW can act on. 5-100.|
To use Jefferies algos, select JEFFALGO as the routing destination.