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  • November 2, 2022
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Meta Algorithm

An algorithm that seeks out the broker algorithm or a set of broker algos that would best suit the needs of a client. In other words, the criteria of a meta algorithm may be defined by a client or in agreement with his/ her broker so that to meet a number of requirements. Meta algorithm comes in handy at times a client is not sure which algorithm to pursue in implementation of a specific strategy or market positions. A meta algorithm will help determine the best algorithm(s) to do a specific task (participate, close, match, best price determination, etc.)


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