Smart Trading: Streamlining Orders & Allocations
Leveling Up Your Trading: A Deep Dive into Technology-Driven Order Routing and Allocation In the fast-paced world of finance, milliseconds can mean millions. When it comes to executing trades, every second counts. This is where technology-driven order routing and allocation come into play, acting as the invisible hand guiding your orders to the best possible destinations for optimal execution. What is Order Routing? Think of order routing as the GPS navigation system for your trade requests. It's the process of selecting and sending orders to various exchanges or trading venues (like Nasdaq, NYSE, or alternative trading systems) where they can be matched with counterparties. Technology Takes Center Stage: Gone are the days of manual order placement and reliance on phone...