Types of Passive algos Although passive algos can be thought of as slow execution or low participation execution, we consider them to be an algo that predominantly executes by making prices. In fact, the execution may be very quick if there are sufficient aggressors on the other side. We define Passive algos to be those that execute by not crossing the spread and do not have a schedule or trade rate target. These include floating algos, orders pegged to near-touch Types of Passive algos Although passive algos can be thought of as slow execution or low participation execution, we consider them to be an algo that predominantly executes by making prices. In fact, the execution may be very quick if there are sufficient aggressors on the other side. We define Passive algos to be those that execute by not crossing the spread and do not have a schedule or trade rate target. These include floating algos, orders pegged to near-touch
Types of Passive algos Although passive algos can be thought of as slow execution or low participation execution, we consider them to be an algo that predominantly executes by making prices. In fact, the execution may be very quick if there are sufficient aggressors on the other side. We define Passive algos to be those that execute by not crossing the spread and do not have a schedule or trade rate target. These include floating algos, orders pegged to near-touch
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