Smart order routing Archive

Global broker UBS expects to expand its smart order routing capability in Asia, launching in India over the next few months followed by Australia later in the year. read more>

Agency broker Instinet has reported that its European smart order router technology was able to identify the best price in the market for UK stocks 99.9997% of the time, in a study by software and market data provider Intelligent Financial Systems. read more>

Poor routing decisions, caused by overlooking features of different displayed markets that can affect execution quality, could be costing US investors up to US$4.5 billion per year, according to a new report. read more>

The Securities Exchange Board of India has confirmed that it is reviewing options to remedy the lack of interoperability between India's two securities clearing houses, but market participants are pessimistic that regulatory action will boost smart order routing volumes in the near term. read more>

The Securities and Exchange Board of India (SEBI), the country's securities regulator, has clarified that smart order routing (SOR) between the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) is not restricted to particular order types. read more>

Credit Suisse has announced the execution of its first trades on India's Bombay Stock Exchange and National Stock Exchange using smart order routing technology. read more>

Alternative trading platform provider BATS Global Markets has launched two new Parallel smart order routing strategies – Parallel 2D and Parallel T. read more>

Agency brokers ITG and Instinet have agreed a reciprocal arrangement that will permit clients to search for liquidity in each other's Asian crossing networks. read more>

Investment Technology Group has launched its liquidity aggregator, POSIT Marketplace, in Australia in a move that will significantly reduce trading costs for buy-side traders and enable them to trade more efficiently, says Michael Corcoran, head of sales and trading, Asia Pacific, at the agency broker and technology provider. read more>

French agency brokerage CA Cheuvreux has reacted to rule changes at the Istanbul Stock Exchange by introducing its range of algorithmic trading products to the Turkish market. read more>