Algorithmic trading strategies

[archived_user]

Sorry Guys ,
This topic is a difficult for me to grasp. What is the cirteria that i should use to decide on which Algorithmic trading execution startegy to use ?
Thanks

 

[archived_user]

What’s your urgency to trade, what’s the block size vs the avg daily volume of the stock, and how wide is the bid-ask spread?

 

[archived_user]

This is exactly what I am asking for

 

[archived_user]

I have the exact same question. It is extremely confusing.

 

[archived_user]

If it’s low/low/low (low volume, low bid-ask, low urgency) then use VWAP. If it’s low/low/high use IS as it transacts EARLIER in the day. If the volume is high or spreads are widethen don’t use algorithmic and use a broker.

 

[archived_user]

Thanks . I think ECN for high spreads ,high volume ,low urgency ?

 

[archived_user]

High spreads and low urgency mostly.
Volume is irrelevant as it’s direct access trading, not market.