Smart order routing Archive

Institutional investors may gain easy access to a bonanza of equities execution data as the Americas buy-side execution working group of standards body FIX Protocol Limited examined whether to adapt its messaging protocol and execution venue reporting guidelines to support data on where orders were routed, but not filled. read more>

The trading technology division of Finland-based Pohjola Asset Management has bolstered operations, adding two former electronic trading executives to its team. read more>

Equity market participants believe planned new rules restricting high-frequency trading are the biggest threat to liquidity across European markets, according to the latest poll results from theTRADEnews.com showing traders' continued concern of impending regulation. read more>

Agency broker ITG has released a new trading tool for retail broker-dealers to access liquidity. read more>

Newedge Group, a multi-asset brokerage, has extended its US smart order router for equities and equity options to external market participants, which it says will be particularly useful for small- and mid-sized firms with constrained resources. read more>

Algo use on the buy-side is now way beyond simply being an efficiency tool. It’s all about alpha and seeking out liquidity, which is why brokers are under pressure to prioritise more order-routing transparency. read more>

TORA, an agency broker and technology vendor for Asian markets, has expanded its smart order routing solution to Hong Kong in anticipation of greater fragmentation of liquidity in the region. read more>

Finnish asset management firm Pohjola Asset Management has teamed with agency broker and software vendor ITG to launch a smart order router that is unconflicted by brokers' commercial motives. read more>

UBS has received regulatory approval from the Securities and Exchange Board of India (SEBI) to offer its smart order routing technology in the country. read more>

The Australian Securities Exchange has chosen trading technology supplier Fidessa to provide the software and infrastructure for ASX Best, the bourse's new smart order routing platform. read more>