Testing and Overview Not-Held Trading Strategy
DOI:
https://doi.org/10.47941/jbsm.3378Keywords:
Not-Held Order, Algorithmic Trading, Trading Strategy, Testing, Quality Assurance, VWAP, TWAP, Investment Banking.Abstract
In today’s complex financial trading environment, understanding advanced order types and algorithms is critical to achieving optimal execution and taking advantage of ever evolving market dynamics. Among various algorithms and order types supported in the financial trading world, Not-Held Orders grants traders discretionary control over execution, timing and price. This white paper presents comprehensive exploration of the Not-Held Orders used in the financial trading world. It provides a detailed definition of Not-Held orders, explores real-world market scenarios demonstrating their practical use, and discusses testing strategies employed to evaluate their performance and reliability. Furthermore, the article highlights the role of software quality assurance (SQA) in validating system functionality, ensuring that Not-Held order workflows operate accurately and efficiently within electronic trading platforms.
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