bank prop desk - best practice order management?

Discussion in 'Professional Trading' started by Elitist Trader, Dec 16, 2010.

  1. How do bank prop desks manage their large orders? is a martingale or anti martingale system used?

    I'm specifically interested in outright currency futs.
  2. LeeD


    How are martingales relevant? Aren't they used only for hedging options?

    If you are talking about something like S&P 500 futures during regular market hours, there is no need for "managing" orders. You can call the pit and request a price for the full 5,000 contracts,