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These hedging orders were being entered in fairly modest portions As well as in a fashion designed to dynamically adapt to industry liquidity by participating in a focus on proportion of nine% of the amount executed available in the market. On account of the numerous volumes get more info traded in the market, the hedge was finished in around twenty minutes, with over fifty percent on the participant's volume executed as the market rallied—not as the market declined. Moreover, the combination dimensions of this participant's orders was not known to other sector members.