Articles about Finance

Overview of Smart Order Routing for Efficient and Compliant Trading

Smart Order Routing (SOR) consists in processing orders on trading venues the most optimal way. On the surface, it’s pretty simple: as a broker-dealer you get from a customer a request to buy a certain amount of a company’s stock, you take a quick look at the different exchanges, maybe you will split this order if its volume is high, and that’s it. Well, not quite…