Smart Order Routing in the News

BOFA-ML TAKES ORC EXNET

In a bid to expand access to its U.S. options algorithmic trading platform globally, Bank of America-Merrill Lynch has linked to trading platform and connectivity provider Orc Software's Orc ExNet connectivity network. The move will allow Orc users to trade U.S. options using the bank's Clean Sweep, Hidden Sweep, Iceberg and NBBO Sweep algorithms, according to vendor officials.

CM-CIC SECURITIES TAPS QUANTHOUSE

Officials from trading technology and data vendor QuantHouse

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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