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The table below sets out the  LP/Algo combinations currently supported.

Liquidity ProviderExecutionVenueTargetStrategyNotes
BankOfAmericaBAMLBenchmarkOrFixing,
VWAP,
TWAP, ImplementationShortfall (formerly Decipher), WhisperMarket orders: BAML will set a limit price for the order and return that price to the client. The limit price is set differently depending on which algo is selected by the user. For example, for Whisper, if there’s no limit selected, BAML uses a 3% limit in the money for the currency pair.
BarclaysBARXBenchmarkOrFixing-
CitiCGMIVWAP, TWAP, Peg, VolumeTracker-
GoldmanSachsGSCOBenchmarkOrFixing, VWAP, TWAP, Peg, Dynamic-
JPMorganChaseJPSIBenchmarkOrFixing, VWAP, TWAP, Adaptive, Float

Day orders: known issue with JPMC UAT on Fridays - the default EOD time on their UAT Day orders is 5:00pm NYT, although the platform shuts down around 4:55pm NYT.

This means that submitted orders may be rejected with: Order End time is during weekend shutdown window. 

If you use an expire time, please send before 16:55 EDT (NY local).

MorganStanleyMSAXBenchmarkOrFixing, VWAP, TWAP, ArrivalPrice, Seeker-
UBSUBSGBenchmarkOrFixing-


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Algo/LPBank Of AmericaBarclaysBNP ParibasCitiCommerz BankGoldman SachsHSBCJP Morgan ChaseMorgan StanleyStandard CharteredSociete GeneraleState StreetUBS
VWAP
-
NN-Y-YNYYN-NN
TWAPYNNYNYNYYNNNN
Peg---Y-Y--N----
**Gamma--N--N-------
Dynamic-----Y-------
Liquidity Seeking------N------
Inline---------N---
Implementation ShortfallY--N--N------
Get DoneN-----N--N---
Liquidity+------N------
Benchmark / FixingYYN-NYNYY-NNY
Float-------N-N-NN
Internal Tracker-------N-----
Panther-------N-----
Sliceberg-------N-----
Timeslicer-------N-----
**Master-------N-----
AQUA POV-------N-----
Post & Sweep---N---------
Sweep---N-------N-
**Reflex--------N----
IcebergN-------N----
Seeker--------Y----
Arrival Price--------YN---
Critical MassN------------
TrackerN------------
WhisperY------------
AccessN------------
Chameleon--N----------
Viper--N----------
Iguana--N----------
Custom--N------N---
TAP------------N
ORCA_Direct---------N--N
Adaptive Sweep---------N---
Adaptive Take-------------
Hunter----N--------
Tracer----N--------
PMID--------N----
Fixing Swap--------N----
POV------N------
Nightjar----------N--
Falcon----------N--
Immediate-N-----------
LWAP-N-----------
GatorTakeProfit-N-----------
GatorImmediateOrCancel-N-----------
GatorPounce-N-----------
GatorFloat-N-----------
GatorFlex-N-----------
GatorTakeProfit+-N-----------
GatorTWAP-N-----------
GatorParticipation-N-----------
GatorBARXPeg-N-----------
Adaptive-------Y-----
Volume Tracker---Y---------
SC FIX---------N---
SC Match---------N---


** These algos are not yet supported in FSS.

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titleThe BAML Whisper algo does not handle Suspend/Release correctly

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a client-initiated Release will not result in the necessary ExecutionReport (Replaced),

FSS expect a fix sometime in November 2023.

Liquidity ProviderSuspend/Release
TargetStrategies
FillNowNotes
BankOfAmericaTWAP, ImplementationShortfall (formerly Decipher), WhisperY
Warning
BAML Error
Barclays--Supported by LP, but for Algos not yet certified by MarketFactory.
CitiVWAP, TWAP, Peg, VolumeTrackerN-
GoldmanSachs-VWAP, Peg, DynamicNNot supported by LP-
JPMorganChaseVWAP, TWAP, Adaptive, FloatY-
MorganStanley-NNot supported by LP
UBS-NNot supported by LP

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