Traders need control over an algorithm’s speed to get liquidity when they need it. Algorithms must be able to quickly capitalize on available liquidity while avoiding signaling to predatory strategies – especially in today’s fast markets.

How ITG can help

ITG’s Raider Algorithm rapidly adapts to volatile market movements to stealthily seize trading opportunities. The strategy has the ability to capture favorable liquidity at the right times and places by simultaneously striking the open market and dark venues. Raider then steps aside to remain completely hidden when attractive liquidity dries up.

Raider avoids signaling intentions to prevent orders from being front-run or penny jumped. It utilizes ITG’s Liquidity Filter and anti-gaming techniques to avoid predatory strategies, and it never displays an order. And with Raider, traders benefit from a range of execution speeds, allowing them to target a precise level of aggressiveness.