Adaptive Algorithm Order

Adaptive algorithms can be used in combination with other orders like market orders and limit orders placed using algorithmic trading. While standard orders use the going ask price as a reference for placing bids, adaptive algorithms scan all offers from the bid price to the ask price and adapt the bid to match. This allows for the chance of orders being filled at more favorable rates than those indicated by prevailing market rates.

More on this topic:
Swiss online trading platform comparison
Swiss online trading order types explained