Quod unveils buy-side SOR offering

The Buyside Adaptive Smart Order Router (B-ASOR), which is still in alpha testing and due for release sometime in Q2 this year, is designed to allow asset managers to make real-time decisions about which broker they should execute through, which algorithm from that broker they should use, and which alternative venue to trade on, in order to optimise their trading, based on the most effective combination for a certain trade, says Quod chief executive Ali Pichvai.

"We take market data from clients'