As liquidity continues to fragment and buy-side firms seek easier execution of their complex trading strategies, the sell-side firms must leverage their technology investment better to assure that they achieve best execution for their clients’ orders.
For Knight Capital Group, developing and maintaining its smart order router was a multi-year process that cost and tens of millions of dollars, according to firm officials.
Looking to the future of smart order routing (SOR), Knight sees three major
Waters Wavelength Podcast Episode 75: An Update on the Julia Programming Language; AI & Alternative Data; Digital Currencies
Julia Computing's Viral Shah talks about the programming language he helped create and what's ahead for it. Then James and Anthony talk about the pairing of AI & alternative data, digital currencies, and Game of Thrones.Subscribe to Weekly Wrap emails