Neonet XG Smart Order Router enables you to route orders automatically to
leading exchanges and alternative venues to take advantage of extra liquidity, reduce trading costs and truly meet MiFID requirements.
Can you access all market liquidity to get true best execution?
While the European market place becomes increasingly fragmented, making trading decisions can be more difficult. Neonet XG Smart Order Router sends orders and child orders to the various venues according to pre-defined routing order types to reduce total costs and meet best execution requirements.
Flexible order routing
Choose from our standardized order types: Non-Directed, Directed, Sweep, Exhaust, Spray and Smart. Each has been developed to satisfy a trader’s execution needs depending on market conditions. In addition to the standardized order types, our Smart Order Router gives you the opportunity to tailor your own order types for routing. Each parameter can be set on an individual basis to reflect your specific routing needs.
Neonet XG: leader in smart order routing
Neonet XG has an enviable heritage in high-performance, reliable smart order routing. A first version of our European SOR was launched back in October 2007 and a second version is already in production, having built on earlier success in the U.S. equity markets.