Optimized Orders

How We Help Our Users with Execution

Klyra manages order differently from exchanges. If you are doing a routed order, we look at all exchange order books to try and get you the best price, regardless of exchange. If you place a a strategy, or an order that is in reality a series of orders (TWAPs, VWAPs, Icebergs, Scales, etc) Klyra manages these orders off-exchange. You can select whether to split up orders by volume, OI, equally or soon by liquidity and funding rates by clicking the selector next to "Distribution Strategy" in your trade form on the right hand of the screen, as shown below.

Specific details about how each order type is managed can be found in this section. If you would like to understand how to manage positions and Klyra's UI, please go to the "Managing Positions With Klyra" section.