ALPS manages your child orders with automatic repricing using real-time price forecasting signals, and the reaction times of sub 15 microseconds tick-to-trade plant. This consistently puts orders into better queue position at the touch, and creates more opportunities to interact with liquidity, with less adverse selection.
New heights in capability over the passive pegs usually offered. These orders can float, repricing to our NBBO forecasts. This helps you ramp up queue priority, access to near side, and escalate spread capture.
An ALPS order with IntelligentCross uses an execution objective and a time duration to decide how to work your algo slice. We call these ‘tactics’. You can select a preconfigured one, or create your own.
