Iceberg Orders

Iceberg Orders in HFT: How Algorithms Detect Hidden Liquidity Before the Market Moves

Iceberg Orders in HFT: How Algorithms Detect Hidden Liquidity Before the Market Moves Introduction: The Liquidity You See Is Not Always the Liquidity That Exists A trading algorithm examines an order book and identifies 5,000 shares available at a particular price. It begins executing a large order, expecting the displayed liquidity to disappear after a […]