Its not the iceberg or reserve orders, the hidden ones are only native to one exchange/ECN and don't appear on the L2. They cant be seen by others (only to HFT scumbags who pay for ilegal privileges). They are really useful
http://www.beathft.com/?p=88
I was thinking of moving from Das to MT but without hidden orders whatever savings I get is offset by worse order execution
http://www.beathft.com/?p=88
I was thinking of moving from Das to MT but without hidden orders whatever savings I get is offset by worse order execution
