Sell-Side Technology Awards 2015: Best Smart Order Routing Product/Tool – Wolverine Execution Services
WEX's fill rates have been about 99 percent for marketable orders even when routing to multiple exchanges.
In today's trading environment, firms continue to seek shrinking liquidity pools when it comes to options trading, resulting in the widening of quotes. Fragmentation has also expanded-there are now 12 options exchanges, all with their own fee schedules, 12 different market structures, a variety of data feeds and protocols.
However, according to the firm, WEX's fill rates have been about 99 percent for marketable orders even when routing to multiple exchanges. As more trading organizations look
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Most read
- IMD & IRD Awards 2024: All the winners
- Best evaluated pricing service provider/vendor—CanDeal Data & Analytics
- Waters Wavelength Podcast: Bloomberg’s Tony McManus