I saw lots of "machine order"which designed and controled by computer program in Level 2,and where can i get informations for "machine order" . Can i trigger them out?How to do?
be more specific in your question are you just talking about 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 11.15 200 12:01:52 or what? pretty much 99% of what you see in LEVEL II is controlled by computer programs...
e.g. Bid Ask NYSE 6.05 5 NYSE 6.06 7 NYB 6.04 2 NYB 6.07 3 ... ... NYB 5.95 200 NYB 6.16 200 NYB 5.94 200 NYB 6.17 200 ... ... I means the Bid/Ask orders of "5.95 200"/ "6.16 200" will move quickly and aslo will disappear soon,but these orders will appear time to time in diffrent stock.They seems controled by computer program. I want to know who use these program and where can i get informations for "machine order" . Can i trigger them out?How to do?
Here is a start: http://en.wikipedia.org/wiki/Algorithmic_trading Continue here: http://www.elitetrader.com/vb/forumdisplay.php?s=&forumid=48