TradingBlock unveils customised order-routing algos for traders

“Empowering traders with their own customised order-routing algorithms is especially critical in today’s market environment,” said Gino Stella, institutional trading manager at TradingBlock.

TradingBlock has bolstered its offering through the addition of customised order-routing algorithms for traders and asset managers on their platform.

Gino Stella, institutional trading manager at TradingBlock, explained: “This new capability gives traders more control as they can tailor their order routing algo to their strategy. They are no longer tied to broadly used, off-the-shelf algorithms.” 

Order-routing algorithms allow traders more efficiency in the executing of trades, with the customisable option allowing for quick adaptation to changing conditions.

Read more: Algorithmic trading: Smarter than ever?

The algorithms are trader-designed and are kept confidential, according to TradingBlock. They can also be used in conjunction with built-in order routing redundancy via various executing brokers.

In recent times, TradingBlock has also launched its executing broker-neutral platform, allowing traders to design a custom execution environment.

“Empowering traders with their own customised order-routing algorithms is especially critical in today’s market environment,” said Stella. 

“It allows them to quickly adapt to changing conditions and optimise their strategy based on their unique insights, taking the efficiency and impact of their trading to the next level.”

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