Neonet’s Smart Order Routing technology is central to our electronic execution in multiple liquidity pools; based on specific parameters it is constantly aggregating and seeking the best possible execution. We have developed dynamic in-house smart order types and algorithms that are independent of the destination.
Our algos include: VWAP, TWAP, Participate, Step-up, Fill or Kill, FO+, Trigger, Best, Join, Market to limit, Iceberg, Pegged, Hidden, Stop Limit Stop Loss, Opening/Closing, GTD, GTX, GTT and GTC, Discretionary, Effective Time, Funari and etcetera.
Smart order algos include Sweep, Exhaust, Spray, SMART,
Our own algos are also supported by third parties such as Fidessa LatentZero, InfoReach and Tbricks Genesis.