CORTEXiX

CHAMELEON Chameleon is a third generation adaptive algorithm designed to work large size orders directly into the interbank markets. It camouflages the order by breaking it down into smaller manageable clips that it fills over the execution window. Chameleon’s objective is to fill the order on the passive side of the market. It has smart order placement logic, where it varies its clip size based on real-time market activity to blend into the market. If the open market orders are CHAMELEON Chameleon is a third generation adaptive algorithm designed to work large size orders directly into the interbank markets. It camouflages the order by breaking it down into smaller manageable clips that it fills over the execution window. Chameleon’s objective is to fill the order on the passive side of the market. It has smart order placement logic, where it varies its clip size based on real-time market activity to blend into the market. If the open market orders are

CHAMELEON Chameleon is a third generation adaptive algorithm designed to work large size orders directly into the interbank markets. It camouflages the order by breaking it down into smaller manageable clips that it fills over the execution window. Chameleon’s objective is to fill the order on the passive side of the market. It has smart order placement logic, where it varies its clip size based on real-time market activity to blend into the market. If the open market orders are