smartTrade Technologies announces that its cross-asset Smart Order Router (SOR) has been awarded Best Smart Order Routing System by Intelligent Trading Technology Awards 2017.
The Intelligent Trading Technology Award acknowledges the excellence of smartTrade’s SOR system for the capital markets community. smartTrade's flexible SOR can function as a standalone module or can be easily integrated to any proprietary or third-party solution to optimize order flows for any asset class through custom execution algorithms and order lifecycle management. As part of smartTrade's out-of-the-box solutions LiquidityFX and smartFI, the SOR is provided with integrated sophisticated algorithms and additional proprietary features which allow clients to quickly improve their fill-in ratio. Combined with smartTrade's crossing module, the SOR is capable of matching orders from internal liquidity pools as well as external flow, effectively reducing information leakage and further improving execution quality and costs.
“We are pleased to offer our congratulations to smartTrade on their prestigious Intelligent Trading Technology Award win. Our readership of 15,000 senior trading technology executives clearly voted SmartTrade as the joint leading provider of Best Smart Order Routing System” said Andrew Delaney, President of A-Team Group, which hosts the ITT Awards.
“We are honoured to receive this award from the Intelligent Trading Technology community. It is a recognition of our ability to deliver outstanding technology,” commented David Vincent, CEO of smartTrade Technologies. “Many of our clients, buy-sell and sell-side rely on our robust and powerful SOR system to optimize their cross-asset trading costs and improve their execution. In today's strong regulatory environment, another key component of our SOR is that it enables our clients to quickly obtain and distribute best execution and analytic reports.” he concluded.