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SOES Bandits

外汇网2021-06-19 15:59:18 153
A slang term for traders who make rapid buy and sell orders, using the SOES system, in order to make a profit from small price changes.

Taobiz explains SOES Bandits

Since the SOES executes orders of 1000 shares or less immediately, an SOES bandit has a greater chance of profiting since the bid-ask spad is tight and prices are extremely accurate.

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