Pragma released Pairs 2.0, a rewrite of its existing pairs algorithm, and a conditional orders algorithm to source large blocks. The company provides an algorithm suite and platform to financial firms ...
The conditional order type is a useful and efficient tool for sourcing block liquidity. In this paper, we seek to provide more clarity on conditional order function and the benefits in the context of ...
Long before computers, humans encoded procedural knowledge as branching "if-then" rules, from divine omens to long division.