Bloomberg Debuts 3G B-Smart Auto Algo
In the latest release, to set an order's aggressiveness, the algorithm relies on input from Bloomberg's new price predictor model, which evaluates whether a stock price will rise or fall by analyzing the bid/offer spread, the size of the bid and offer, the activity on the consolidated tape, the stock's volatility and what is happening in the stock's industry sector, explain officials.
Once the price predictor model feeds its data into B-Smart Auto, the algorithm selects one of three
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