Algo Trading

VETA supports 9 algo strategies, each running as an independent microservice. The algo workspace provides tools for monitoring execution quality and strategy performance.

Available strategies

Strategy	Approach	Best for
LIMIT	Passive limit order with configurable aggression	Small orders, price-sensitive fills
TWAP	Time-Weighted Average Price — uniform slices over time	Spreading execution evenly
VWAP	Volume-Weighted Average Price — historically-shaped slices	Matching the day’s volume curve
POV	Percentage of Volume — tracks market participation rate	Controlling market impact
ICEBERG	Hidden quantity — only reveals a visible portion per slice	Large orders on lit venues
SNIPER	Aggressive opportunistic fills at favourable price levels	Catching liquidity
ARRIVAL_PRICE	Benchmarks execution against the price at submission	Minimising slippage
IS	Implementation Shortfall — balances market impact vs timing risk	Optimal execution
MOMENTUM	EMA crossover — routes tranches on favourable price signals	Trend-following

Algo Monitor

The Algo Monitor panel shows all active algo strategies with real-time heartbeat status. Each strategy reports:

• Last heartbeat timestamp
• Number of active orders
• Current execution progress

A heartbeat gap > 10 seconds triggers an alert in the alert centre.

Executions Panel

The Executions panel shows detailed fill analytics for each order:

• Fill percentage progress bar
• Average fill price vs arrival price
• Market impact (bps)
• Commission costs
• Expandable fill timeline chart

Algo Leaderboard

The Algo Leaderboard ranks strategies by performance metrics:

• Fill rate (percentage of orders fully filled)
• Average slippage (bps from arrival price)
• Total filled quantity over the last 5 minutes

Trade Recommendations

The Trade Recommendation panel shows rule-based signals scored by the intelligence pipeline. Each recommendation includes:

• Symbol and action (BUY/SELL/HOLD)
• Confidence score (0–1)
• Reason text with factor analysis
• Target price