Smart Order Routing News

All the latest smart order routing (SOR) news from Automated Trader.

BATS Global Markets unveils new Parallel routing strategies

BATS Global Markets unveils new Parallel routing strategies


Paul O'Donnell, chief operating officer, BATS Europe: "In Europe this move has particular significance for our participants, enhancing the only MTF-operated pan-European smart order router that routes to both lit and dark venues."
BATS Global Markets has announced the launch of an enhancement to its smart order routing services for BATS Exchange in the US, as well as for BATS Europe.

The new Parallel routing strategies aim to enable participants to achieve best execution more efficiently while simultaneously accessing multiple market venues cost effectively.

The first release, called Parallel D (as in "Depth of Book"), will route orders to all market centers with a quote at each price level simultaneously....continued
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