Execution Algorithm definition

Execution Algorithm means technological solution or a software for execution of orders exercised in an automated (i.e. with limited or no human intervention) manner in accordance with pre- programmed set of trading instructions for the initiation of orders placement, its individual parameters (including without limitation, the timing, price or quantity of the order) and subsequent management of execution of placed orders.
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Examples of Execution Algorithm in a sentence

  • Size Pro-Rata Execution Algorithm: the Exchange will apply the following designated Member priority overlays.

Related to Execution Algorithm

  • RFP means Request for Proposal.

  • Brand name specification means a specification limited to one or more items by manufacturers’ names or catalogue number.

  • Contract Data means any information provided in the tender document and agreed to by the Bidder.

  • ATTACHMENT C STANDARD STATE PROVISIONS FOR CONTRACTS AND GRANTS

  • Process weight means the total weight of all materials introduced into any source operation. Solid fuels charged will be considered as part of the process weight, but liquid and gaseous fuels and combustion air will not.