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Algorithmic Trading
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Amending Algos
jim whitehead / Fidessa Latent Zero <>
24 Jun 2008 4:54AM ETHas the following come up before and does anyone have views on the following?
Amending Algos - Currently I'm fine with a Cancel/Replace mesage being used to update the regular FIX tags and also being used to update the parameters of the current algo strategy.
But should a cancel/replace message allow the replacement of one algo strategy with another supplied by that broker? By default I'd like to say yes and stay as flexible as possible but i'm also away that some brokers have a 'DMA' algo strategy which may involve the amend message going down a separate pipe to the original algo which could be problematic.
Thanks in advance for your help
Jim
Amending Algos
jim whitehead / Fidessa Latent Zero 24 Jun 2008 4:54AM ET
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