tl;dr KF-OEMS F.A.Q.
Last updated
Last updated
If you want to turn a specific bias to your order flow you can select which side you want the engine to trade for you, this can be combined with every other feature.
Example:
If you set Long Bias it won't be able to send short-selling orders to open a new position, all the asks will be considered reduce-only to close a currently open long position.
The engine will take into account the bias and fill on every liquidation cluster to optimize your execution and reduce your order flow fingerprint. Bids are sent until "max exposure" is reached, or "fill until", if you have any open position it will try to slowly reduce your exposure to "minimum exposure" desired.
If you want to weigh one instrument exposure lower, you can use the "Considered Balance" field.
From the current equity on the exchange, you can set how much of your portfolio will be allocated to the instrument.
Note that's the size can increase relative to your current exposure and this is the MINIMUM size.
Liquidations Based Take profit
Based on the liquidations clustering provided by our services we will try to slowly reduce your current exposure.
Best execution will use liquidations clusters to provide higher liquidity and reduced fingerprint.
If you want to define a take profit there are three ways.
NO TP & AUTO
The default mode, will reduce overtime in the liquidations cluster
Defined TP & AUTO
If you want to reduce your current position ONLY AFTER a determined price
Defined TP & Manual
If you want to reduce your position quickly at a specified price to reach "minimum exposure"
If you want to keep minimum exposure to hold an open position, you can use this field.
This feature can be combined with everything else.
Minimum exposure is denominated in USD.
If you want to stop sending orders after reaching a maximum exposure for an instrument, you can set this field.
This only affects the current instrument.
If you have a 10 000$ position, MAX EXPOSURE set to 10 100 $ a resting order of 1000 $ can be filled. AFTER passing the threshold limit take effect and stop sending orders that would increase your exposure.
For more accurate control of sizing use "Fill Until"
This feature can be combined with everything else
Maximum exposure is denominated in USD.
If you want to fill a position until a certain threshold, you can set this field.
Compared to the maximum exposure the size of the remaining orders will be reduced accordingly to your current position to reach the desired size.
This only affects the current instrument.
If you have a 10 000$ position, FILL UNTIL set to 10 100 $ then the remaining orders will equal 100 $ maximum, limit take effect IMMEDIATELY.
This feature can be combined with everything else
Maximum exposure is denominated in USD.
These fields will help you adjust the agressivity of the OEMS and it's orders.
The higher the value, the more liquidations clusters will be considered by the OEMS. Increasing these values will increase the order density accross a same price range.
If you want to turn ON the engine for one instrument you need to turn ON BOTH STATUS & ALLOW EXPOSURE
If you want to keep the take profit engine but want to avoid more exposure you can turn off the ALLOW EXPOSURE.
