The target strategy of the order
Example values:
1 = VWAP
2 = Participate (i.e. aim to be x percent of the market volume)
3 = Mininize market impact
1000+ = Reserved and available for bi-laterally agreed upon user defined values
Code | Meaning |
---|---|
1 | VWAP |
2 | Participate (i.e. aim to be x percent of the market volume) |
3 | Minimize market impact |