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Date/Time: Mon, 29 Apr 2024 11:47:49 +0000



Post From: LMAX Trading

[2018-04-24 08:20:14]
Napoleon Dynamite3 - Posts: 29
Just like MIT-Client and Triggered Limit, the purpose is not to appear in the order book beforehand, hide from other participants.

The LIT-Client is similar to MIT-Client as long as your order size is <= the top of the book size.
However, it can have the advantage to not fear slippage if the market is really volatile.