Instinet Launches Sidewinder Algorithm
The new trading algorithm adjusts its volume-participation rate based on the market's movements, and offers a wide choice of benchmarks and a variety of pricing functionalities, explains Michael Plunkett, president, North America with Instinet.
Sidewinder is available through Instinet's Web-based Newport and Instinet Trading Portal trading systems, via a direct FIX connection or through partners' trading systems.
Similar to Instinet's other trading algorithmic offerings, Sidewinder is written in
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