March 3, 2017
This article was originally published at the itarle blog and is reproduced here with permission
Increasing market fragmentation across the globe has meant that the Smart Order Router (SOR) is now a vital part of any execution strategy. And its role is set to become even more critical in the next twelve months, especially in Europe.
In part I of our series on smart order routing, we set out the major challenges presented by fragmentation and the enhanced reporting requirements of MiFID...