Smart order routing Archive

Quod Financial, a global trading solutions provider, has teamed up with Singapore-based technology firm Catena Technologies to offer its Adaptive Execution Platform, including its Adaptive Smart Order Router (ASOR), to buy- and sell-side firms in Asia. read more>

BATS Europe, the pan-European multilateral trading facility operated by BATS Global Markets, has released a new onward routing strategy that will initially target liquidity on the London Stock Exchange. read more>

The growing number of European trading venues offering sophisticated order routing and liquidity aggregation services could further complicate the already challenging issue of directing trades for best execution, but some observers argue that broker and venue routers are complementary. read more>

European multilateral trading facility BATS Europe has revealed plans to launch a smart order routing service to exchanges, fellow MTFs and dark pools on 15 February. read more>

Global technology provider SunGard has installed new market data distribution (MDD) servers for its GL Net market data and order routing network, which it claims will improve the performance of automated trading systems. read more>

Trading technology provider has pre-loaded its Adaptive Smart Order Router (ASOR) with its library of trading algorithms, which the firm says are designed to deliver better execution and lower market impact. read more>

Agency brokerage Bloomberg Tradebook has launched Tradebook Order API, which it claims will allow users to customise the way their orders are sent to smart order routers. read more>

Smarter aggregation tools will be crucial in expanding European buy-side traders’ access to sources of non-displayed liquidity as fragmentation continues to increase, according to the latest report from research firm TABB Group. read more>

Investment bank Nomura has launched its Nomura Cross (NX) crossing network and SmartDMA routing and execution algorithm in Japan. read more>

US equity trading platform operator Direct Edge has implemented a low-latency market data solution from technology firm Exegy to improve its onward routing speed. read more>