Boxes and Lines cover image

Ticks of the Trade with Joe Saluzzi of Themis Trading

Boxes and Lines

CHAPTER

Protection of the Limit Order Book Is a Massive Strategy

Some of the algos out there that are brokers will give their clients some are cheaper than others. Maybe, let's just say it's a VWAP algo, it's not very smart. We've been arguing about this for years, but if it wasn't for those prob data feeds, I would argue that that strategy is not going to work.

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