Swarm

Fragments a large market order into smaller pieces in order to reduce the slippage typically incurred in a single block order.

Swarm takes a given Total Size and splits the size into a number of Total Lots and executes them in parallel as fast as possible.

Switches

• Irregular Lots -- use to split the Total Size into random sized pieces rather than create numerous orders of the same size. This can be useful to mask detection.

• Reduce -- create reduce only orders