This is an fascinating learn ICYMI.
- Goldman Sachs introduced the launch of Sonar Dark X, the latest algorithm on its Atlas equities buying and selling platform.
- is designed to maximise non-displayed liquidity seize and reduce value affect
- The new algorithm additionally makes use of Goldman Sachs’ Liquidity Shield logic, which is designed to scale back mum or dad order data leakage whereas searching for invisible liquidity, by balancing the liquidity high quality and seize goals all through the lifetime of the order by dynamically adjusting amongst distinct mixtures of venue segments, minimal execution portions and unfold allowances.
Info comes through here, and here.
Yikes.
