Smart Order Routing

businessLogic

Our Smart Order Router can adapt to business logic with an intelligent model that seeks liquidity and incorporates an automated decision process. Customized filters ensure best execution at the lowest calculated cost.

Our smart order routing system analyzes data between execution options achieving the best possible execution for the customer while minimizing fees. Best execution can depend on minimizing market impact, slippage, or implementation shortfall. Large firms have dozens of venues on which an order can be executed, and the best venue for a given trade will vary according to market conditions, business relationships, and parameters of the trade.