Algorithmic execution, built into the platform
Work large orders without moving the market. ZagTrader's execution algorithms — VWAP, TWAP, POV and iceberg/concealed — slice parent orders into intelligently scheduled child orders, route them over FIX, and aggregate the fills back in real time.
Who it's for
- Broker dealing desks working client and house orders
- Asset managers reducing implementation shortfall
- Market makers and prop desks
- Institutions executing large or illiquid positions
What it solves
- Large orders that move the market and leak intent
- Manual, screen-by-screen working of big positions
- Inconsistent execution quality versus VWAP/TWAP benchmarks
Built on the ZagTrader platform
The algorithm suite
Benchmark, schedule, participation and hidden-size strategies — on the same multi-asset platform as the rest of your trading.
Volume-Weighted Average Price
Time-Weighted Average Price
Percentage of Volume / Volume Participation
Hidden-size order
How it works
Automated parent / child slicing
Place the full quantity as a parent order; the engine generates and manages the child orders for you, on a time- or volume-driven schedule.
Routed over FIX, fills aggregated live
Child orders route to the market through the platform's FIX gateway; executions stream back and aggregate to the parent in real time for a single, clean view.
Risk-checked and fully audited
Algos run inside the same pre-trade risk, limits and surveillance framework as every other order, with a complete audit trail — and work alongside A-book/B-book and smart order routing.
Configurable strategies & bulk deployment
Strategies are enabled and tuned per desk, and can be deployed in bulk from templates so a trading desk can run algos across many names at once.
Execution algorithms complement the platform's broader order toolkit — market, limit, stop, stop-limit, IOC/FOK, GTC/GTD, basket / program trades, and conditional triggers.
See the algorithms in action
Book a live demo and we'll walk through VWAP, TWAP, POV and iceberg execution on your asset classes and markets.
Trusted by 100+ institutions managing over $500B in assets
Trusted by leading institutions
