Systemathics Smart Orders

Systemathics Smart Orders is the Systemathics algorithmic order execution library. The Smart Orders are available to both Buy side trading desks and Sell side clients.

Systemathics Smart Orders is fully interactive, customizable and allows users to adjust orders during the execution process.

The Systemathics Smart Orders allow the automation of rules based trading and combines this with the monitoring of all relative real market data sources and instantly responds to refined statistical signals to achieve high execution quality.

Overview / Samples

Smart Order	Description
VWAP	Minimize slippage relative to the Volume Weighted Average Price in the market over a specified time horizon.
TWAP	Minimize slippage relative to the Time Weighted Average Price in the market over a specified time horizon.
Best Limit	Places orders on the passive side of the orderbook, moves with the quote to stay at most competitive level.
Any Price	Places orders on the active side of the orderbook, takes all the shares at that price or better to fill the order and moves with the quote to stay at most competitive cross level.
Time Limit	The duration sets the time limit during which the order can be executed and after which it is cancelled.
Stop	Lock the loss.
Trailing Stop	Maximize and protect a profit.
On Close	Trade on the closing auction.
On Open	Trade at the opening auction.
Split	Split a big order into many small orders to grab liquidity available on the order book
Basket	Basket trading
Hedge	Hedge a portfolio