Smart Order-Routing Has Different Purpose in Asia

In the US and even in Europe, smart order-routing (SOR) is advancing at a rapid pace. The evolution has been so dizzying, in fact, that industry experts can't even agree whether we are seeing second- or third-generation routers, or whether it changes so fast that a label can no longer be given.

In Asia, though, it's different, says Ruth Colagiuri, head of Americas electronic products at Bank of America Merrill Lynch (BAML). She says Asia is an interesting frontier for smart order-routing because

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